Can the money in social security be spent?

Generally, the money in the social security card cannot be taken out. Social security cards are divided into bank accounts and social security accounts. The bank account can be used to deposit money and withdraw money in the bank just like an ordinary bank debit card. Social security accounts need to be implemented in accordance with the rules for the use of social security cards, and social security money cannot be withdrawn. Unless the insured dies, his legal heir can inherit the balance of his personal account. In addition to inheritance, social security money cannot be spent in advance.

legal ground

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

The basic old-age insurance combines social pooling with individual accounts.

Article 14

Personal accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted. If an individual dies, the balance of the individual account can be inherited.

skill

The above answer is only for the current information combined with my understanding of the law, please refer carefully!

If you still have questions about this issue, I suggest you sort out relevant information and communicate with professionals in detail.