Mixing
![How can I convince my boss to turn on air conditioning? [duplicate]](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgjbpfN9tAutmK93bJRC3ZoROZzi2TJDms5n8_qJuhgE0a9b52OOHayv3NGT8igAdFL7byXNst-_1DZK5SjrIJ28_6RQPUpBROqMs5s6jo-ZsjX8kjDwfxJufIitH3TaQRXWaGSQKRQib-f/s72-c/1.jpg)
When declining 401k coverage is it necessary to disclose my Social Security Number (SSN)? [closed]
Clash Royale CLAN TAG#URR8PPP
.everyoneloves__top-leaderboard:empty,.everyoneloves__mid-leaderboard:empty margin-bottom:0;
up vote
-1
down vote
favorite
To be clear the employer already has employees' SSN, but in declining a new enrollment with 401k benefit, which requests (among other things) an SSN. Is one in any way obligated to give them this info? Is the employer allowed to? Would they (The 401k supplier) have any good reason for it?
Edit: This not stopping a current deduction. This is an initial enrollment. Also this is not about my company specifically but any employer in the US which does not qualify as a small business. Nor is it about a specific 401k provider, but about any new 401k program starting at such a company.
human-resources compensation privacy
asked Apr 7 '16 at 23:22
Jimbo H
22
closed as off-topic by Jim G., Chris E, Masked Man♦, Richard U, AndreiROM Apr 8 '16 at 20:52
This question appears to be off-topic. The users who voted to close gave this specific reason:
- "Questions seeking advice on company-specific regulations, agreements, or policies should be directed to your manager or HR department. Questions that address only a specific company or position are of limited use to future visitors. Questions seeking legal advice should be directed to legal professionals. For more information, click here." – Jim G., Chris E, Masked Man, Richard U, AndreiROM
 |Â
show 7 more comments
up vote
-1
down vote
favorite
To be clear the employer already has employees' SSN, but in declining a new enrollment with 401k benefit, which requests (among other things) an SSN. Is one in any way obligated to give them this info? Is the employer allowed to? Would they (The 401k supplier) have any good reason for it?
Edit: This not stopping a current deduction. This is an initial enrollment. Also this is not about my company specifically but any employer in the US which does not qualify as a small business. Nor is it about a specific 401k provider, but about any new 401k program starting at such a company.
human-resources compensation privacy
asked Apr 7 '16 at 23:22
Jimbo H
22
closed as off-topic by Jim G., Chris E, Masked Man♦, Richard U, AndreiROM Apr 8 '16 at 20:52
This question appears to be off-topic. The users who voted to close gave this specific reason:
- "Questions seeking advice on company-specific regulations, agreements, or policies should be directed to your manager or HR department. Questions that address only a specific company or position are of limited use to future visitors. Questions seeking legal advice should be directed to legal professionals. For more information, click here." – Jim G., Chris E, Masked Man, Richard U, AndreiROM
You could contact the plan administrator for your employer and just ask them.
– CKM
Apr 7 '16 at 23:28
1
I think your HR plan administrator will need to report that you declined 401K participation unless the benefit provider firm does it. I am pretty sure government at some point is tallying that information and since you are your SSN to the government, they will need it for statistical purposes. Your HR benefits administrator is trying to make life easy for himself/herself I think.
– MelBurslan
Apr 8 '16 at 1:07
4
Note to would-be answerers: while this is borderline off-topic, people with HR experience or experience in dealing with these kinds of companies and benefits should be able to give a general answer without having to interpret the OP's specific situation. While that makes this on-topic, please refrain from posting useless answers like "They shouldn't in my opinion because...." or "I don't really know but I guess...".
– Lilienthal♦
Apr 8 '16 at 6:27
1
For us lesser mortals - please tell me what is 401k benefit
– Ed Heal
Apr 8 '16 at 7:31
1
@EdHeal 401k's are what replaced pension plans, since pension plans have the company paying much much more generally. So this is related to, but a bit different from a pension plan (at least in the US)
– Eric Renouf
Apr 8 '16 at 12:21
 |Â
show 7 more comments
up vote
-1
down vote
favorite
up vote
-1
down vote
favorite
To be clear the employer already has employees' SSN, but in declining a new enrollment with 401k benefit, which requests (among other things) an SSN. Is one in any way obligated to give them this info? Is the employer allowed to? Would they (The 401k supplier) have any good reason for it?
Edit: This not stopping a current deduction. This is an initial enrollment. Also this is not about my company specifically but any employer in the US which does not qualify as a small business. Nor is it about a specific 401k provider, but about any new 401k program starting at such a company.
human-resources compensation privacy
asked Apr 7 '16 at 23:22
Jimbo H
22
To be clear the employer already has employees' SSN, but in declining a new enrollment with 401k benefit, which requests (among other things) an SSN. Is one in any way obligated to give them this info? Is the employer allowed to? Would they (The 401k supplier) have any good reason for it?
Edit: This not stopping a current deduction. This is an initial enrollment. Also this is not about my company specifically but any employer in the US which does not qualify as a small business. Nor is it about a specific 401k provider, but about any new 401k program starting at such a company.
human-resources compensation privacy
asked Apr 7 '16 at 23:22
Jimbo H
22
edited Apr 11 '16 at 18:00
asked Apr 7 '16 at 23:22
Jimbo H
22
asked Apr 7 '16 at 23:22
Jimbo H
22
asked Apr 7 '16 at 23:22
Jimbo H
22
22
closed as off-topic by Jim G., Chris E, Masked Man♦, Richard U, AndreiROM Apr 8 '16 at 20:52
This question appears to be off-topic. The users who voted to close gave this specific reason:
- "Questions seeking advice on company-specific regulations, agreements, or policies should be directed to your manager or HR department. Questions that address only a specific company or position are of limited use to future visitors. Questions seeking legal advice should be directed to legal professionals. For more information, click here." – Jim G., Chris E, Masked Man, Richard U, AndreiROM
closed as off-topic by Jim G., Chris E, Masked Man♦, Richard U, AndreiROM Apr 8 '16 at 20:52
This question appears to be off-topic. The users who voted to close gave this specific reason:
- "Questions seeking advice on company-specific regulations, agreements, or policies should be directed to your manager or HR department. Questions that address only a specific company or position are of limited use to future visitors. Questions seeking legal advice should be directed to legal professionals. For more information, click here." – Jim G., Chris E, Masked Man, Richard U, AndreiROM
You could contact the plan administrator for your employer and just ask them.
– CKM
Apr 7 '16 at 23:28
1
I think your HR plan administrator will need to report that you declined 401K participation unless the benefit provider firm does it. I am pretty sure government at some point is tallying that information and since you are your SSN to the government, they will need it for statistical purposes. Your HR benefits administrator is trying to make life easy for himself/herself I think.
– MelBurslan
Apr 8 '16 at 1:07
4
Note to would-be answerers: while this is borderline off-topic, people with HR experience or experience in dealing with these kinds of companies and benefits should be able to give a general answer without having to interpret the OP's specific situation. While that makes this on-topic, please refrain from posting useless answers like "They shouldn't in my opinion because...." or "I don't really know but I guess...".
– Lilienthal♦
Apr 8 '16 at 6:27
1
For us lesser mortals - please tell me what is 401k benefit
– Ed Heal
Apr 8 '16 at 7:31
1
@EdHeal 401k's are what replaced pension plans, since pension plans have the company paying much much more generally. So this is related to, but a bit different from a pension plan (at least in the US)
– Eric Renouf
Apr 8 '16 at 12:21
 |Â
show 7 more comments
You could contact the plan administrator for your employer and just ask them.
– CKM
Apr 7 '16 at 23:28
1
I think your HR plan administrator will need to report that you declined 401K participation unless the benefit provider firm does it. I am pretty sure government at some point is tallying that information and since you are your SSN to the government, they will need it for statistical purposes. Your HR benefits administrator is trying to make life easy for himself/herself I think.
– MelBurslan
Apr 8 '16 at 1:07
4
Note to would-be answerers: while this is borderline off-topic, people with HR experience or experience in dealing with these kinds of companies and benefits should be able to give a general answer without having to interpret the OP's specific situation. While that makes this on-topic, please refrain from posting useless answers like "They shouldn't in my opinion because...." or "I don't really know but I guess...".
– Lilienthal♦
Apr 8 '16 at 6:27
1
For us lesser mortals - please tell me what is 401k benefit
– Ed Heal
Apr 8 '16 at 7:31
1
@EdHeal 401k's are what replaced pension plans, since pension plans have the company paying much much more generally. So this is related to, but a bit different from a pension plan (at least in the US)
– Eric Renouf
Apr 8 '16 at 12:21
You could contact the plan administrator for your employer and just ask them.
– CKM
Apr 7 '16 at 23:28
You could contact the plan administrator for your employer and just ask them.
– CKM
Apr 7 '16 at 23:28
1
1
I think your HR plan administrator will need to report that you declined 401K participation unless the benefit provider firm does it. I am pretty sure government at some point is tallying that information and since you are your SSN to the government, they will need it for statistical purposes. Your HR benefits administrator is trying to make life easy for himself/herself I think.
– MelBurslan
Apr 8 '16 at 1:07
I think your HR plan administrator will need to report that you declined 401K participation unless the benefit provider firm does it. I am pretty sure government at some point is tallying that information and since you are your SSN to the government, they will need it for statistical purposes. Your HR benefits administrator is trying to make life easy for himself/herself I think.
– MelBurslan
Apr 8 '16 at 1:07
4
4
Note to would-be answerers: while this is borderline off-topic, people with HR experience or experience in dealing with these kinds of companies and benefits should be able to give a general answer without having to interpret the OP's specific situation. While that makes this on-topic, please refrain from posting useless answers like "They shouldn't in my opinion because...." or "I don't really know but I guess...".
– Lilienthal♦
Apr 8 '16 at 6:27
Note to would-be answerers: while this is borderline off-topic, people with HR experience or experience in dealing with these kinds of companies and benefits should be able to give a general answer without having to interpret the OP's specific situation. While that makes this on-topic, please refrain from posting useless answers like "They shouldn't in my opinion because...." or "I don't really know but I guess...".
– Lilienthal♦
Apr 8 '16 at 6:27
1
1
For us lesser mortals - please tell me what is 401k benefit
– Ed Heal
Apr 8 '16 at 7:31
For us lesser mortals - please tell me what is 401k benefit
– Ed Heal
Apr 8 '16 at 7:31
1
1
@EdHeal 401k's are what replaced pension plans, since pension plans have the company paying much much more generally. So this is related to, but a bit different from a pension plan (at least in the US)
– Eric Renouf
Apr 8 '16 at 12:21
@EdHeal 401k's are what replaced pension plans, since pension plans have the company paying much much more generally. So this is related to, but a bit different from a pension plan (at least in the US)
– Eric Renouf
Apr 8 '16 at 12:21
 |Â
show 7 more comments
1 Answer
1
active
oldest
votes
up vote
2
down vote
The issue is that you work for a company that has setup their 401K retirement program with automatic enrollment. To stop the process from starting or to end the automatic deductions they need you to fill out a form.
Many companies refer to you either by employee number or by social security number. Your employer does have social security number due to their payroll requirements.
The company running the 401k generally needs a taxid number for every account. This goes for IRA accounts, 401k accounts and non-retirement accounts.
Your name on the form is not good enough, the company running the 401K may need to be able to document your declining. They may even have to refund your initial contributions in some cases. Your employer and their payroll processor needs to turn off the deduction. Your employer may need to prove to the feds that every employee was initially enrolled in the retirement program but some declined.
Keep in mind that HR can just add your SSN and pass it to the 401K company. If your work for a small company your name alone may be enough for HR to 100% identify you. For a large company they will need your employee ID number. Of course it might delay the stopping for a paycheck or two.
answered Apr 8 '16 at 11:29
mhoran_psprep
40k461143
suggest improvements |Â
1 Answer
1
active
oldest
votes
1 Answer
1
active
oldest
votes
active
oldest
votes
active
oldest
votes
up vote
2
down vote
The issue is that you work for a company that has setup their 401K retirement program with automatic enrollment. To stop the process from starting or to end the automatic deductions they need you to fill out a form.
Many companies refer to you either by employee number or by social security number. Your employer does have social security number due to their payroll requirements.
The company running the 401k generally needs a taxid number for every account. This goes for IRA accounts, 401k accounts and non-retirement accounts.
Your name on the form is not good enough, the company running the 401K may need to be able to document your declining. They may even have to refund your initial contributions in some cases. Your employer and their payroll processor needs to turn off the deduction. Your employer may need to prove to the feds that every employee was initially enrolled in the retirement program but some declined.
Keep in mind that HR can just add your SSN and pass it to the 401K company. If your work for a small company your name alone may be enough for HR to 100% identify you. For a large company they will need your employee ID number. Of course it might delay the stopping for a paycheck or two.
answered Apr 8 '16 at 11:29
mhoran_psprep
40k461143
suggest improvements |Â
up vote
2
down vote
The issue is that you work for a company that has setup their 401K retirement program with automatic enrollment. To stop the process from starting or to end the automatic deductions they need you to fill out a form.
Many companies refer to you either by employee number or by social security number. Your employer does have social security number due to their payroll requirements.
The company running the 401k generally needs a taxid number for every account. This goes for IRA accounts, 401k accounts and non-retirement accounts.
Your name on the form is not good enough, the company running the 401K may need to be able to document your declining. They may even have to refund your initial contributions in some cases. Your employer and their payroll processor needs to turn off the deduction. Your employer may need to prove to the feds that every employee was initially enrolled in the retirement program but some declined.
Keep in mind that HR can just add your SSN and pass it to the 401K company. If your work for a small company your name alone may be enough for HR to 100% identify you. For a large company they will need your employee ID number. Of course it might delay the stopping for a paycheck or two.
answered Apr 8 '16 at 11:29
mhoran_psprep
40k461143
suggest improvements |Â
up vote
2
down vote
up vote
2
down vote
The issue is that you work for a company that has setup their 401K retirement program with automatic enrollment. To stop the process from starting or to end the automatic deductions they need you to fill out a form.
Many companies refer to you either by employee number or by social security number. Your employer does have social security number due to their payroll requirements.
The company running the 401k generally needs a taxid number for every account. This goes for IRA accounts, 401k accounts and non-retirement accounts.
Your name on the form is not good enough, the company running the 401K may need to be able to document your declining. They may even have to refund your initial contributions in some cases. Your employer and their payroll processor needs to turn off the deduction. Your employer may need to prove to the feds that every employee was initially enrolled in the retirement program but some declined.
Keep in mind that HR can just add your SSN and pass it to the 401K company. If your work for a small company your name alone may be enough for HR to 100% identify you. For a large company they will need your employee ID number. Of course it might delay the stopping for a paycheck or two.
answered Apr 8 '16 at 11:29
mhoran_psprep
40k461143
The issue is that you work for a company that has setup their 401K retirement program with automatic enrollment. To stop the process from starting or to end the automatic deductions they need you to fill out a form.
Many companies refer to you either by employee number or by social security number. Your employer does have social security number due to their payroll requirements.
The company running the 401k generally needs a taxid number for every account. This goes for IRA accounts, 401k accounts and non-retirement accounts.
Your name on the form is not good enough, the company running the 401K may need to be able to document your declining. They may even have to refund your initial contributions in some cases. Your employer and their payroll processor needs to turn off the deduction. Your employer may need to prove to the feds that every employee was initially enrolled in the retirement program but some declined.
Keep in mind that HR can just add your SSN and pass it to the 401K company. If your work for a small company your name alone may be enough for HR to 100% identify you. For a large company they will need your employee ID number. Of course it might delay the stopping for a paycheck or two.
answered Apr 8 '16 at 11:29
mhoran_psprep
40k461143
answered Apr 8 '16 at 11:29
mhoran_psprep
40k461143
answered Apr 8 '16 at 11:29
mhoran_psprep
40k461143
answered Apr 8 '16 at 11:29
mhoran_psprep
40k461143
40k461143
suggest improvements |Â
suggest improvements |Â
You could contact the plan administrator for your employer and just ask them.
– CKM
Apr 7 '16 at 23:28
1
I think your HR plan administrator will need to report that you declined 401K participation unless the benefit provider firm does it. I am pretty sure government at some point is tallying that information and since you are your SSN to the government, they will need it for statistical purposes. Your HR benefits administrator is trying to make life easy for himself/herself I think.
– MelBurslan
Apr 8 '16 at 1:07
4
Note to would-be answerers: while this is borderline off-topic, people with HR experience or experience in dealing with these kinds of companies and benefits should be able to give a general answer without having to interpret the OP's specific situation. While that makes this on-topic, please refrain from posting useless answers like "They shouldn't in my opinion because...." or "I don't really know but I guess...".
– Lilienthal♦
Apr 8 '16 at 6:27
1
For us lesser mortals - please tell me what is 401k benefit
– Ed Heal
Apr 8 '16 at 7:31
1
@EdHeal 401k's are what replaced pension plans, since pension plans have the company paying much much more generally. So this is related to, but a bit different from a pension plan (at least in the US)
– Eric Renouf
Apr 8 '16 at 12:21