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What is meant with social security questions in finance?

Your eligibility for social security will have a significant impact regarding your finances. Your social security number is a vital tool used for identification purposes


Is a an immigrant's alien number the same as their Social Security number?

An alien number is issued by the USCIS. A Social Security number is issued by the Social Security Administration. If you are permanent resident in the United States, also referred to as a green card holder, then you must have both an alien number and a Social Security number. You typically can apply for a Social Security card after your application for permanent residence is approved by the USCIS (or the US Embassy if you are overseas).


What is meant by alpha label on tax return?

What is meant by the alpha label on a tax return is the letters that are to the left of the filers social security number on an IRS label. These are used by the IRS to verify the filers social security number.


What are the differences in social security benefits between a US citizen and a permanent resident?

The main difference in social security benefits between a US citizen and a permanent resident is that US citizens are generally eligible for full benefits, while permanent residents may have some restrictions or limitations on the benefits they can receive. Permanent residents must have paid into the social security system for a certain number of years to qualify for full benefits, and there may be additional requirements for them to receive certain types of benefits.


If I haven't been approved for permanent residency, can I still submit a Social Security application?

You may still apply for a social security application. It may be denied until your residency is approved.


Do foreigners that have paid into social security receive benefits?

Yes , non-citizens who are permanent residents and have paid taxes into the Social Security system for the required amount of years are eligible for Social Security benefits . See related link below for additional information .


Does permanent disability payments change to regular social security at some point in time?

Yes, permanent disability payments, specifically Social Security Disability Insurance (SSDI), can convert to regular Social Security retirement benefits when the recipient reaches full retirement age. At that point, the SSDI benefits automatically transition to retirement benefits without a change in the payment amount. However, Supplemental Security Income (SSI) does not convert to regular Social Security and remains a separate program.


Does a green card give you a Social Security number?

Not automatically; However, a "green card" (lawful permanent residency for aliens) makes someone elligible for a "right to work" social security number. One must request it at a Social Security office. A green card does not make you eligible for a "right to work" social security number. The "right to work" social security number is given to an alien that has received a "work authorization document". Having a green card will make you eligible for a regular social security number, with no restrictions related to it. In most of the cases when you are applying for a Green card, you might already have a Social Security number (this apply when the Permanent residence is through adjustment of status). This number will be the same when you get your permanent residence, only that if you had restrictions to work it will change to NO restrictions. If you are applying to a Green card though marriage, you will be entitled to apply to your social Security number once you receive the letter of approval from the USCIS


Is Social Security welfare?

No. Social Security is meant for people who are completely disabled and cannot work. Welfare checks are given to struggling single women with children.


Can rent a home i own and still collect ssi?

You can rent a home and still collect social security money. Social security money is meant to be a subsidy and not your only source of income.


Permanent resident card is the same as your social security number?

Negative. The numbers are not the same. SSN is for people in the US. Permanent Resident card is for Permenant residents in the US only.


What pieces of identification do you need to apply for financial aid?

Information such as your social security number, name, permanent address, salary, dependents, parents names, parents' social security number and siblings are needed to apply for FAFSA.