Job Recruitment Website - Social security inquiry - Why not put the money into the social security card?

Why not put the money into the social security card?

The main reasons why it is not recommended to deposit money into this card involve security, use restrictions, income and management issues.

1. Security issue: As a carrier of personal identity information, social security cards are at risk of being stolen and information leaked. Once the social security card is stolen or information is leaked, it will lead to economic losses and personal privacy disclosure.

2. Restrictions on use: There are many restrictions on the use of social security cards, such as being restricted to specific places and times, which brings inconvenience to daily life, especially in an emergency, and it is impossible to withdraw the required funds in time.

3. Income problem: Social security cards are usually used to store social security funds, and the income is relatively low. Investing a lot of money in social security cards will miss other high-yield investment opportunities and affect personal financial growth.

4. Management problems: Social security cards are managed by the government, and individuals cannot manage and control social security funds independently, which brings inconvenience to the use of funds, especially when they need to use funds flexibly, which cannot meet personal needs.