The Money Coach
  • About
    • Meet Lynnette
    • Media Kit
  • Get Help
    • Money Coach University™
    • Books
    • Financial Coaching
    • Speaking
    • The Money Coach Recommends™
  • Contact
  • Building Wealth
  • Investing
  • Credit Scores
  • Student Loans
  • Paying for College
  • Saving Money
  • Real Estate
  • Credit Card Debt
No Result
View All Result
The Money Coach
  • About
    • Meet Lynnette
    • Media Kit
  • Get Help
    • Money Coach University™
    • Books
    • Financial Coaching
    • Speaking
    • The Money Coach Recommends™
  • Contact
No Result
View All Result
The Money Coach
No Result
View All Result

What is a SIN Card? Is it like a Social Security Card?

Lynnette Khalfani-Cox, The Money Coach by Lynnette Khalfani-Cox, The Money Coach
in Personal Finance
Reading Time: 2 mins read
Sin Card
9
SHARES
147
VIEWS
Share on FacebookShare on Twitter

If you were born in America, you’ve been issued a Social Security card. But what about Americans living in Canada or residents north of the U.S. border?

If you are a Canadian citizen, temporary resident, or a newcomer to Canada, the Canadian government will assign you a Social Insurance Number (SIN). This number is required to work in Canada and also makes you eligible to receive government benefits and services.

Working without an SIN is illegal, and you are personally responsible for protecting your SIN at all times. The number cannot legally be used by anyone else but you, and each number is issued to just a single person.

Responsibilities of SIN Holders

The Canadian government requires all SIN holders to abide by certain guidelines to protect their SIN from fraudulent use. It’s important that you never give out your SIN unless you are legally required to do so.

Most employers, insurance companies and any type of government program agent will request your SIN as part of the application process. Some banks may also require proof of an SIN when opening a bank account or verifying your identity.

Government agencies that will request your SIN include: Canada Revenue Agency when filing income taxes; Employment Insurance (EI); Canada Pension Plan (CPP)/Quebec Pension Plan (QPP) benefits. Unless it is for a government entity or a private institution such as a bank, it is ultimately your decision to share your Social Insurance Number.

Protecting Your Identity and Your SIN

You need to keep your SIN card in a safe place and carry it with you when traveling. If you do carry the card with you, keep it in an area of your wallet or purse that you don’t use very often.

This will reduce the risk that the card will be mistaken for something else, given out accidentally, or dropped when pulling out other materials. You should also take steps to ensure that anyone outside of a government agency or bank who is requesting your SIN is doing so for legitimate reasons.

You are always putting yourself at risk of identity theft when sharing your SIN with an individual or company that doesn’t make it clear why they actually need that number.

Take these steps to avoid identity theft.

If your citizenship status changes, there is a death in the family, or you suspect that someone is using your SIN illegally, you must contact Service Canada immediately and report the issue.

You will also need to make sure that all of your contact information and status information is always accurate and up-to-date. You can visit the Service Canada website or call toll-free 1-800-206-7218 to make changes and report any issues with your SIN card.

Tags: SIN card
Previous Post

4 Tips to Select a Credit Card for Your Kid Going to College

Next Post

Can I Get an Income Tax Refund If I’m Making Payments on Federal Taxes Owed?

Related Articles

A Student’s Guide To Filing Taxes
Personal Finance

Breaking Down the ‘Penalties’ of Single Tax Filings

by Lynnette Khalfani-Cox, The Money Coach
tax refund
Personal Finance

Making the Most of Your Tax Refund

by Lynnette Khalfani-Cox, The Money Coach
Here’s How to Handle Stock Market Volatility
Personal Finance

How to Manage Your Finances with Inflation on the Rise

by Lynnette Khalfani-Cox, The Money Coach
AskTheMoneyCoach
Personal Finance

The Split-Second Shopping Decision That Could Save You Hundreds of Dollars

by Lynnette Khalfani-Cox, The Money Coach
Financial Advice on TikTok
Personal Finance

NEWS DIGEST: Breaking Down TikTok Finance Myths on Good Day New York

by Lynnette Khalfani-Cox, The Money Coach
Financial New Year's Resolutions
Personal Finance

Why Your New Year’s Resolution Should Start on Thanksgiving Day

by Lynnette Khalfani-Cox, The Money Coach
Lynnette Khalfani-Cox
Personal Finance

The Long View: Lynnette Khalfani-Cox: ‘There’s a Huge Wealth Gap in America’ Podcast

by Lynnette Khalfani-Cox, The Money Coach
Lynnette Khalfani-Cox
Building Wealth

Start Building Wealth in 2021

by Lynnette Khalfani-Cox, The Money Coach
Black tax
Building Wealth

Here’s what the “Black tax” does to so many families (Vox)

by Lynnette Khalfani-Cox, The Money Coach
Next Post
Can I Get an Income Tax Refund If I’m Making Payments on Federal Taxes Owed?

Can I Get an Income Tax Refund If I’m Making Payments on Federal Taxes Owed?

About

Lynnette Khalfani-Cox, The Money Coach®, is a personal finance expert, speaker, and author of 15 money-management books, including the New York Times bestseller Zero Debt: The Ultimate Guide to Financial Freedom.

Lynnette has been seen on more than 1,000 TV segments nationwide, including television appearances on Oprah, Dr. Phil, The Dr. Oz Show, The Steve Harvey Show, Good Morning America, The TODAY Show and many more.

Quick Links

  • Money Coach University
  • Lynnette's Personal Site
  • The Money Coach Corporate Site
  • Video Portfolio
  • Privacy Policy

All information on this blog is for educational purposes only. Lynnette Khalfani-Cox, The Money Coach, is not a certified financial planner, registered investment adviser, or attorney. If you need specialty financial, investment or legal advice, please consult the appropriate professional. Advertising Disclosure: This site may accept advertising, affiliate payments or other forms of compensation from companies mentioned in articles. This compensation may impact how and where products and companies appear on this site. AskTheMoneyCoach™ and Lynnette Khalfani-Cox, The Money Coach® are trademarks of TheMoneyCoach.net, LLC.

©2009-2022 TheMoneyCoach.net, LLC. All Rights Reserved.

No Result
View All Result
  • Meet Lynnette
  • Money Coach University™
  • Books
  • Financial Coaching
  • Speaking
  • The Money Coach Recommends™
  • Media Kit
  • Contact

©2009-2021 TheMoneyCoach.net, LLC. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist