Can you take money out of your social security card?

The money inside the social security card generally can't be taken out. The social security card is divided into a bank account and a social security account, the bank account and the ordinary bank debit card, can be used in the bank deposit, withdrawal. Social security accounts, on the other hand, need to follow the rules of social security card use, social security money can not be withdrawn. Unless a participant dies, his or her legal heirs can inherit the balance of the individual account. Except for inheritance, social security money cannot be spent in advance.

Legal basis

Article 11 of the Social Insurance Law of the People's Republic of China

Basic old-age insurance is a combination of social coordination and individual accounts.

Article 14

Individual accounts may not be withdrawn in advance, and the interest rate credited shall not be lower than the interest rate on bank fixed-term deposits, and shall be exempt from interest tax. In the event of an individual's death, the balance of the individual account may be inherited.

Warm tips

The above answer, only the current information combined with my understanding of the law to make, please be careful with your reference!

If you still have questions about the issue, we recommend that you organize the relevant information, with professionals to communicate in detail.