My sister said she wants to add me as her back up beneficiary in the event if something happen to her. What should I tell her?

She does NOT need your Social Security number to add you as a Beneficiary - only your name.

I was named as beneficiary to someone''s IRA. My S.S.# was needed as taxes had to be paid. In the event of a life insurance policy, I do not think a S.S.# is needed as taxes are not collected on insurance payouts. To the best of my knowledge, anyway.

Tell her you'd like to speak to this insurance salesperson yourself and then you can gauge whether you think he's a charlatan (after doing your research into both his licensing and this policy Sis is buying).

Tell her that she can make you backup beneficiary on any insurance policy without needing your SS #, because insurance benefits paid to beneficiaries completely bypasses probate and they are not taxable and not reported to the IRS. There is no need for your SS, and if someone is telling her that they need your SS, tell her they are scamming her.

You never give out your private information like this, not to anyone, if she wants to to make you a beneficiary all she has to do is make a will, your information is not needed ,she just puts your name in the will and when she dies lawyers do the rest.

NO, it is not needed.

Do NOT give sis your SSN! It is NOT needed to name you a beneficiary on an insurance policy. Something is very wrong if she is asking you for your SSN.

I did a beneficiary on my brother and didn't have to have his social security number.

She doesn't need your social security number to name you in a will.

Tell her yes but you want to see the paperwork first.