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Rob Schultz, CFP®, PFP

Oct
23
Creating a Social Security online account
Not everyone may know, but the Social Security Administration (SSA) ceased mailing annual benefits estimate statements in April 2011.  By suspending mailing for all workers over age 25, SSA has saved approximately $70 million each year in printing and mailing costs.  Although SSA eventually plans to resume the mailing of statements to people age 60 and over, as it currently stands, everyone age 18 and over must set up a personalized online account to access the following information. Estimates of your retirement, disability, and survivors benefits; Your earnings record; and The estimated Social Security and Medicare taxes you've paid. If you receive benefits or have Medicare, you can: Estimates of your retirement, disability,...
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