Are you looking for your Social Security Statement?
Have you noticed you don’t get your social security statement anymore? Back in 2010 the Social Security Administration suspended the mailing of statements in order to save money. Effective May 1st, however, you can access your social security statement online at www.ssa.gov. I have already tested this myself and found the process to be fairly quick and straightforward. Below is an excerpt from Social Security’s press release:
Michael J. Astrue, Commissioner of Social Security, today announced an online version of the Social Security Statement is now available at www.socialsecurity.gov. The new online Statement provides eligible workers with secure and convenient access to their Social Security earnings and benefit information.
“Our new online Social Security Statement is simple, easy-to-use and provides people with estimates they can use to plan for their retirement,” Commissioner Astrue said. "The online Statement also provides estimates for disability and survivors benefits, making the Statement an important financial planning tool. People should get in the habit of checking their online Statement each year, around their birthday, for example.”
In addition to helping with financial planning, the online Statement also provides workers a convenient way to determine whether their earnings are accurately posted to their Social Security records. This feature is important because Social Security benefits are based on average earnings over a person’s lifetime. If the earnings information is not accurate, the person may not receive all the benefits to which he or she is entitled. The online Statement also provides the opportunity to save or print the personalized Statement for financial planning discussions with family or a financial planner. (for the full statement go to www.ssa.gov/pressoffice/pr/ss-online-statement-pr.html)
Go to www.ssa.gov/mystatement if you want to bypass the main Social Security landing page. I hope you find this useful.
*The opinions in this material are for general information only and are not intended to provide specific advice or recommendation for any individual.