Form Instruction W-2 & W-3 for Orlando Florida 2024-2025

Form Instruction W-2 & W-3 for Orlando Florida: What You Should Know

What is a “Social Security Number?” The “Social Security Number” (SSN) is used by individuals to identify themselves, establish a connection with their employer and to verify their identity. The information required to prove one's identity is a combination of your name, photograph and birthdate. Additionally, the Social Security Administration requires that Social Security numbers be kept in a confidential computer system (called PIN) for security purposes. The SSN is not stored in your bank account or credit/debit card. Instead, SSNs are maintained electronically and are only available to the government. What are the different types of social security numbers? Social Security numbers are assigned to people from birth or to a person who becomes eligible for benefits in certain circumstances, such as when: a person is 65 or older and has worked for at least 40 years. A person has a spouse who was born within the United States and is not disabled or 65 or older. If you are a disabled person, you may need a new Social Security number for work purposes. A person may legally change his or her SSN at a later date. What are the advantages of having your SSN? Benefits of having a SSN include verifying your age, obtaining a driver's license in the United States, and obtaining a current or previous work credential when applying for a government job. Furthermore, having a SSN provides a person with a much-needed reference for government programs and employment. For more information, see: Benefits of SSNs — U.S. Department of Labor Why do business owners need to obtain a Social Security Number? Social Security Numbers are required to open bank accounts, to qualify for credit card accounts including Discover and MasterCard, or to participate in health, retirement, or other federal or state programs. It is important that SSNs are kept confidential until at least age 65, and that employers follow the law by changing SSNs in a way that is non-disruptive to the employee's employment but is as secure as possible in the case of fraud. Therefore, a business owner should verify: That the SSNs are valid The SSN holder has a current or past employer that must be used if a new employer is required That the SSN holder's last employer is willing to sign an affidavit of approval of the SSN change. For more information, see Employer's Use of SSNs and Affidavit of Approval of Application for SSN Change.

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