How to Protect Your Social Security Number

Your Social Security number is your most important means of federal identification. Unfortunately, that means if someone gets ahold of that number, they can wreak havoc on your life. Here's how to keep your Social Security number safe.

The worst place for your Social Security card is in your wallet. If your wallet is stolen or misplaced, your Social Security number could end up in a fraudster's possession. Instead, keep your card in a secure location. A safe deposit box at your local bank would be an excellent choice, and you could keep other important financial documents there as well. If you don't want to get a safe deposit box, consider acquiring a fireproof and waterproof home safe or lockbox to keep your critical documents protected.

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Source: Fool.com