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Tag: History of Social Security Numbers

Mosaic of nine ancient coins representing the digits of a Social Security Number

Understanding the Social Security Number System: History, Uses, and Importance for Institutional Investors

July 12, 2025 FinanceFacts101 Finance Policy

Introduction to Social Security Numbers A Social Security number (SSN) is a unique identifier assigned to U.S. citizens and other residents for the purpose of tracking income and determining benefits. Created in 1936 as part of President Franklin D. Roosevelt’s New Deal, SSNs have since evolved into essential tools required

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