Changes at The Social Security Administration

Last year the Social Security Administration suspended the mailing of the Annual Benefit Estimate Statements due to federal budget considerations. Recently they resumed sending the Statement, but only to people who are age 60 and older and who are not yet on benefits.  People younger than age 60 will not have a Statement mailed to them.

However, in early May, the Social Security Administration set up an online service that allows people age 18 and older to register and create a personal “My Social Security” account. People can then get benefit estimates, view their yearly earnings history and also get general information about Social Security.

Click on this link http://www.ssa.gov to visit the Social Security Administration’s web page. On the left hand side you will see the sixth link down entitled “Get Your Social Security Statement online.” Just click on that to get all the information and to register for your own personal account.

About Mark Rioboli

Mark A. Rioboli, CFP®, CFS is Director of Wealth Management for Independence Advisors, bringing over 25 years of experience in the wealth management industry. Have a question for Mark? CLICK HERE TO ASK MARK

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