There was a time when the Social Security Administration would mail out annual statements showing your expected Social Security Retirement benefit. For better or worse, those days are gone. The Social Security Administration no longer sends out statements, and now you must create an online my social security account to track your benefit. Here is how to get your Social Security Statement.
First, it is important to go the correct website: https://www.ssa.gov/myaccount.
Once you are there it is free to sign up for the account and takes less than a minute. All you need is your name, social security number, birth date, and address. You will then be required to verify a couple pieces of information about yourself and be prompted to create a username and password. Once you’ve done that, the process is complete and you can access your benefits anywhere you have access to the internet.
Your my social security account provides up to date information on how many credits you’ve earned, what your expected disability and retirement benefits will be, in addition to your earnings history. It is a good idea to review your earnings history periodically to make sure your earnings were reported correctly. This is especially important if you are self-employed. You can also use your account to update your address, change your direct deposit, get replacement forms for taxes, and access your statement.
If you’d like to learn more about how your social security benefit works, feel free to check out some of our other social security articles or give one of our advisors a call today.
Comments