Why does Acorns need my social security number (SSN)?

Article author
Hoang P.
  • Updated

The Patriot Act requires all financial institutions to obtain, verify, and record information that identifies each person opening an account which includes your Social Security Number (SSN) to issue you a tax form at the end of each year.

You’re only able to open one Acorns account per SSN.

If you're receiving an invalid SSN error while signing up for an Acorns account, this might mean you've already registered for an account in the past. We recommend trying to log in with a previous email you could have used.

If you're still having issues, please contact our Support team.

 

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