What does the amount transferred to personal account mean? Social security fees have been deposited in employee accounts.

The amount transferred to personal account means that the employee's enterprise will deposit the social security fees payable into the employee's account. Social insurance refers to a social and economic system that provides benefits or compensation for people who have lost their jobs, temporarily lost their jobs or lost their health. The above is the meaning of the amount transferred to personal account.

Can I withdraw the social security personal account balance? The balance of social security personal account cannot be withdrawn, whether it is the balance of pension insurance personal account or medical insurance personal account. The social security personal account balance belongs to a special fund, which cannot be directly withdrawn and can only be used under certain conditions. For example, the balance of medical insurance personal account is usually used to pay the outpatient expenses incurred by the insured in designated medical institutions and the expenses of purchasing medicines in designated retail pharmacies. The basic medical expenses for specific items of inpatient and outpatient services in designated hospitals, the expenses below the Qifubiaozhun and above the Qifubiaozhun of the overall fund need to be borne by individuals, and the balance of the personal account of the old-age insurance is paid as the pension in the personal account after retirement.

Why can't social security cards withdraw money? If the user determines that there is money in the personal financial account, it is likely that the financial account of the social security card has not been activated. There is no activated social security card associated with the bank account. Although you can normally accept the pension insurance and other funds from the Social Security Bureau, you need to go to the bank or relevant departments to activate that card before using the financial account. If you do not activate the card, you will not be able to deposit money from the bank account associated with the social security card at any time. In addition, the process of activating financial accounts is not complicated. Users only need to submit their social security card and valid identity documents, and go through the activation procedures at the bank shown on the social security card.

When activating, you need to provide the mobile phone numbers of yourself and your mobile phone contacts, and set the transaction password and inquiry password of the financial account. It should be noted that not all social security cards have financial accounts. If there is the word "China UnionPay" on the social security card, it is because the social security card has the function of financial account. Users can use the social security card as a savings card only by activating the financial account. Not only can you withdraw money, but you can also use the funds in your account to transfer transactions, invest in wealth management and so on. This paper mainly writes about the meaning of the amount transferred to personal account and related knowledge points.