Will the money in the social security card be canceled when a person dies

The money in the social security card will be liquidated and distributed according to the relevant legal provisions.

I. The nature of the funds in the social security card

The funds in the social security card mainly include the social security fees paid by the individual, such as pension insurance, medical insurance, etc., as well as other subsidies or benefits that may exist. These funds are mainly used to pay for the cardholder's social security benefits, medical expenses, etc. when he or she is alive.

The process of handling the card after the death of the cardholder

When the cardholder passes away, the funds in his/her social security card need to be handled accordingly. First of all, it is necessary for the family members or relevant heirs to go to the social security agency to make a declaration and provide relevant supporting documents, such as death certificates and certificates of inheritance. After verifying the relevant information, the social security organization will handle the funds in the social security card.

Generally, the funds in the social security card will be liquidated and distributed according to the relevant laws. The exact processing may vary by region and specific policy, but will usually take into account factors such as the status of the cardholder's estate and the rights and interests of his or her heirs. In some cases, procedures such as estate tax payments may also be required.

Third, precautions

When dealing with social security card funds after the death of the cardholder, the following points need to be noted:

1. Timely declaration: Family members or relevant heirs should go to the social security agency to make a declaration in time to avoid the funds from being retained for a long period of time or creating unnecessary disputes.

2. Provide complete proofs: complete supporting documents, such as death certificates and certificates of inheritance, are required to be provided when making the declaration so that the social security organizations can verify the relevant information.

3. Comply with the law: When handling the funds on the social security card, you should comply with the relevant laws and regulations, and should not misappropriate or embezzle the funds privately.

In summary:

The money in the social security card will not be canceled immediately after a person's death, but it needs to be processed. Family members or relevant heirs should go to the social security agency to make a declaration and provide relevant supporting documents. The social security agency will liquidate and distribute the funds according to relevant laws. During the processing, legal provisions should be observed to ensure the legality and reasonableness of the funds.

Legal basis:

The Law of the People's Republic of China on Social Insurance

Article 14 stipulates:

Individual accounts may not be withdrawn in advance, and the interest rate of the account shall not be lower than the interest rate of bank time 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.

The Inheritance Law of the People's Republic of China

Article 3 stipulates:

Inheritance is the personal lawful property left behind by a citizen at the time of his or her death, including:

(1) a citizen's income;

(2) a citizen's house, savings, and household goods;

(3) a citizen's forests, livestock, and poultry;

(iv) Citizens' cultural relics and library materials;

(v) Means of production permitted by law to be owned by citizens;

(vi) Citizens' property rights in copyrights and patents;

(vii) Citizens' other lawful property.