Sunday, June 10, 2012

How Much Will Social Security Pay You?

Starting in the 1980s, the Social Security Administration (“SSA”) mailed annual statements to workers older than 25 years of age. Last year, the SSA stopped mailing the statements, which provided information about your estimated disability and retirement benefits, in order to save money. The SSA now allows you to get your Social Security Statement online. The Statement will give you an estimate of the retirement and disability benefits you and your family may receive; a list of your lifetime earnings for possible correction; information about qualifying and signing up for Medicare; and a printable version of your Social Security Statement. However, you need to create an account with the SSA to get your information. To create the SSA account, you must go to to provide personal information as well as answers to questions that only you are likely to know. You also need to create a username and password to access your online account. If you do not want to create an account, you can try calling your local SSA office or the National Toll-Free number (800) 772-1213 to request your benefit information.

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