It is your right to keep your Social Security Number private and use a separate number for any related purposes. You are only required by law to disclose your Social Security Number to the Internal Revenue Service, your employer, when registering a motor vehicle, buying a firearm, or applying and obtaining a federally-insured loan such as FHA, Sallie Mae, etc. I encourage you to use the laws to your advantage. Each works on a different schedule.
In addition, the CPN is used by celebrities, congress members/government workers, and witness protection reasons. For example, celebrities use it because the media can use their SS# to track what they are buying and where they are simply by tracking their . Further, in example, congress holds special privileges to the law; therefore, their privacy needs to be protected. In another example, witnesses under protection can be located if they use their true social security number for transaction. This is the reason why there is the existence of a Privacy Number program.
Presently, federal law allows the ability for someone to legally use a private ID # for financial reporting purposes instead of a Social Security Number. Title 5, Section 7 of Publication Law 93-579 of Government Organization and Employees Act:
…(a) (1) It shall be unlawful for any Federal, State or Local Government
Agency to deny any individual any right, benefit, or privilege provided by
law because of such individual’s refusal to disclose his or her’s Social
Security Account Number.
The law states that No federal, state, or local government agency may deny you any right, privilege or benefit due to your refusal to provide your SS # for any other reason than producing money for retirement account with the Social Security Administration, the IRS and your employer today. are not legally allowed to “require” your Social Security Number. In our country’s present system, a person may be assumed guilty and then must expend a great deal of time and resources to prove his or her innocence. Additionally, once a negative item is in a file it may remain long past the 7-year time period most people believe is used. Additionally, a misreported item can show up in a multiple time.
When it comes to , banking and loans, there are two things you must know. The first relates to the law
pertaining to the usage of your social security number as an identification tool. The second, are private companies and are not affiliated with the government in any way, whatsoever. Although, the would like you to think otherwise.
—What all this means is Federal Law protects those who do not wish to disclose their personal information (SS#) except when required to do so. All that to say: Instead of a Social Security Number, with the right planning, you now have the opportunity to establish a Privacy Number (CPN), as it is your right to have one.