Chapter
Understanding Social Security Numbers
This podcast explains the purpose of social security numbers, which is to track lifetime earnings and determine retirement benefits. The social security administration was created in 1936 to administer these benefits and there are about a billion possible combinations for the nine-digit number.
Clips
Josh and Chuck discuss the importance of social security numbers in the U.S. and the history behind their creation.
01:36 - 02:21 (00:44)
Summary
Josh and Chuck discuss the importance of social security numbers in the U.S. and the history behind their creation.
ChapterUnderstanding Social Security Numbers
EpisodeSelects: What Happens When the Government Thinks You're Dead?
PodcastStuff You Should Know
Social security numbers were first issued in 1936 to track lifetime earnings and determine social security retirement benefits.
02:21 - 03:47 (01:26)
Summary
Social security numbers were first issued in 1936 to track lifetime earnings and determine social security retirement benefits. With around a billion possible combinations, we are halfway towards using up all social security numbers.