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September 28, 2018 In 4506-T Tax Transcripts, Blog, Lender Solutions, Small Business Loans, Social Security

What is an SSA 89 form used for?

The SSA 89 form is an authorization for the Social Security Administration to release your social security information. It authorizes the administration to verify whether or not your name and the social security number you provide to a lender match the information that is in

August 31, 2018 In 4506-T Tax Transcripts, Blog, IRS and Tax Transcripts, IRS Tax Audits, Lender Solutions, Social Security

What is the CBSV?

CBSV, or the Consent Based Social Security Number Verification Service, is a part of the Social Security Administration, an agency within the U.S. government that was created by Franklin D. Roosevelt during the Great Depression. Indeed, when companies or other entities use CBSV, there are many

April 20, 2018 In 4506-T Tax Transcripts, Blog, Lender Solutions, Social Security, Trends

Who benefits from Social Security and how?

IntroductionWith the increase in recent discussions regarding the depletion of Social Security funds, it is now more important than ever to learn about what Social Security is and who it benefits you. Social Security is a governmental program that provides financial aid to those who

April 20, 2018 In 4506-T Tax Transcripts, Blog, Lender Solutions, Social Security

Where does all the Social Security money go?

Former United States President Franklin D. Roosevelt signed the Social Security Act into law on August 14, 1935. One of the benefits provided to United States citizens by the Social Security Act is a payment of “social insurance” to people over the age of 65

March 20, 2018 In 4506-T Tax Transcripts, Blog, Lender Solutions, Social Security, Trends

Is Social Security Running Out?

IntroductionRecently there has been a lot of talk about Social Security running out of money for people who would like to go into retirement. In fact, it has been said that the Social Security fund will be fully depleted by 2034. This has left many

March 12, 2018 In 4506-T Tax Transcripts, Blog, Lender Solutions, Social Security, social security benefits

How is the Social Security Administration Funded?

Everyone knows about Social Security. We are either receiving Social Security Benefits ourselves or we know someone who is. If we are working, we see the reduction in our paychecks. But how is Social Security funded? In this article, we will discuss the four sources

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