Is it safe to deposit money in the social security card?

It is safe to save money with social security card.

It is safe to save money with social security card. According to the Notice on Financial Functions of Social Security Cards issued by Ministry of Human Resources and Social Security, a social security card loaded with financial functions has the functions of deposit and withdrawal, transfer and remittance, UnionPay consumption, and collection and payment on behalf of others, which is equivalent to a bank card with dual functions of social security and finance. The social security card has two accounts at the same time, one is the social security account, which is used to inquire and handle endowment insurance and other businesses; The other is a wealth management account, which is used for deposit and withdrawal, wealth management and other businesses. As long as the social security card and password are properly kept, saving money in the social security card is the same as saving money in the bank card account, which is safe.

What does the social security contribution base mean?

Social security payment base refers to the social insurance payment base of employees in a social security year. The social security payment base will be determined according to the average monthly income tax declared by employees in the previous year, which is an important basis for paying social security.

After the same payment year is determined, the social security payment base cannot be changed. February to May of each year is the time to declare the social security base of the next settlement year.

There are upper and lower limits on the social security payment base. The upper limit means that the part whose salary exceeds 300% of the average monthly salary of employees in the previous year is not included in the social security base. The lower limit means that if the salary is lower than 60% of the average monthly salary of employees in the previous year, 60% of the average monthly salary of employees in the previous year will be used as the social security base.

I hope the above questions can help you. If you have other legal questions, please consult a professional lawyer.

Legal basis: Article 58 of the Social Insurance Law stipulates that the employer shall register social insurance for employees within 30 days from the date of employment. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay.

Employees-free individual industrial and commercial households who voluntarily participate in social insurance, part-time employees who do not participate in social insurance in the employing unit and other flexible employees shall apply to the social insurance agency for social insurance registration.

The state establishes a national unified personal social security number. Personal social security number is a citizen's identity number.