3 Reasons to Not Borrow from a Retirement Account 3 Reasons to Not Borrow from a Retirement Account Dear Mary: I am thinking of taking a loan from my 40l(k) retirement account to pay off my credit-card debt. I can repay the loan with payments taken directly from each of my paychecks, without any …Read more. An Ounce of Prevention Means Money in the Bank Today's topic is not pretty, but unless you have $8,000 earmarked for dental care, it could prevent a lot of pain — both dental and financial. Periodontal disease is an infection that affects the gum tissue around the teeth, the fibers that …Read more. How to Save a Bundle on Prescription Eyeglasses How to Save a Bundle on Prescription Eyeglasses In the interest of full disclosure, let me say right up front that when I first heard that we can now order our prescription eyeglasses online, I scoffed. I rolled my eyes. What next? Mail-order …Read more. Four Steps to Financial Confidence Four Steps to Financial Confidence For a good deal of my life, I lived under a dark cloud of worry that I would end up financially destitute. A survey conducted by Harris Interactive for Allianz Insurance Group reveals that I'm not the only one. In …Read more.more articles
When You Should (and Shouldn't) Give Your Social Security Number
Dear Mary: I recently refused to give my Social Security number to a cable company when I simply was inquiring about the cost of services. The clerk stated that without the number, she would be unable to give me a quote. Some companies ask for it as a second form of identification. When is it appropriate to give your Social Security number, and when is it inappropriate and risky to give this information? — Thomas W., Illinois
Dear Thomas: Anybody can ask for your Social Security number, but that doesn't mean you have to give it out. When a company asks for your number even though it is not authorized by law to have it, you should ask these questions: Why do you need my Social Security number? How is my number going to be used? What laws require me to give you my SSN? What are the consequences if I refuse to provide you with my SSN? Are there any alternative numbers I can use to obtain this service? You should be able to give an alternative source to identify yourself, such as the last four digits of your SSN or your driver's license number.
According to the Social Security Administration, there are specific laws that require a person to provide his or her SSN for certain purposes. In general, an SSN is required by the Internal Revenue Service for tax returns; the Department of the Treasury for U.S. savings bonds; employers for wage- and tax-reporting purposes; banks for monetary transactions; the Department of Labor for workers' compensation; the Department of Education for student loans; states to administer taxes; general public assistance; and states for child support enforcement and for services such as commercial driver's licenses, food stamps, Medicaid, unemployment compensation and the Temporary Assistance for Needy Families program.
Dear Mary: I've come to trust the great advice you give us day to day.
Dear Araceli: Both marble and travertine, as beautiful as they are, can be tricky to maintain. Any kind of product that is acidic will dull the shine, and some things can cause the colors to darken over time. That being said, do not use Windex, vinegar, bleach, Lime-A-Way, ammonia or lemon juice to clean those surfaces. All will dull the shine over time. For general cleaning, use non-citrus liquid dishwashing soap and water. Original blue Dawn is ideal. To remove a stain, make a paste of 1 tablespoon of cornstarch and 1 teaspoon of 3 percent hydrogen peroxide. Cover the stain, and allow the paste to sit until it's dry, or about an hour. Then remove the dried paste, and rinse with clear water. Buff it dry. To make the marble and travertine shine, buff with dry cornstarch and a soft clean cloth.
Do you have a question for Mary? E-mail her at firstname.lastname@example.org, or write to Everyday Cheapskate, P.O. Box 2135, Paramount, CA 90723. Mary Hunt is the founder of www.DebtProofLiving.com and author of 18 books, including "Can I Pay My Credit Card Bill With a Credit Card?" To find out more about Mary and read her past columns, please visit the Creators Syndicate Web page at www.creators.com.
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