This insert described the future finances of Social Security, the nonretirement benefits provided by Social Security such as disability and survivor benefitsand the importance of saving to supplement Social Security benefits. SSA 's strategic plans not only acknowledge the importance of informing the public about Social Security benefits, they specifically mention the statement. Individuals who, for any reason, cannot complete the verification process may request that SSA mail them a printed Statement or may visit a local Social Security office for help in creating an account and viewing the online Statement. Richtman warned. Social Security Administration spokesman Darren Lutz said the latest cost-saving step of mailing fewer Social Security statements will take effect this month. The status of the printed Statement also changed several times during In fallSSA pretested the online PEBES with a small number of users, who reacted very positively to having online access to their earnings and benefits information.
Your Social Security Statement is now at your fingertips Social Security Matters
We currently mail Social Security Statements (Statements) to workers age 60 and over who aren't receiving Social Security benefits and do not yet have a my.
PEBES, Personal Earnings and Benefit Estimate Statement. SSA, Social . Changes introduced for the Statement appear in Appendices E, F, and G. your Social Security benefits under current law and updates your latest reported. and make about the same as you did in or We.
If you discover that any earnings before last year are incorrect, get your W-2 or tax return for the years in error and then either call Social Security or write to the agency immediately Social Security Administration, Office of Earnings Operations, P.
OBRA also specifies the information to be included in these statements.
The Social Security Statement Background, Implementation, and Recent Developments
Strategic Plan: Fiscal Years — In response to the strategic plan's public awareness objective noted aboveSSA commissioned the Gallup Organization to conduct six surveys between and Internal discussions at SSA on providing workers of all ages with benefit as well as earnings statements, and doing so automatically as well as on request.
Your Guide To The New Social Security Statements
49, 49, 49, 49, 48, 48, your annual Benefit Statement even easier. The Benefit Statement is also known as the. SSA or the SSAS. Now you have the.
Your Social Security Statement shows how much you have paid in Social Social Security benefits are not intended to be your only income.
If Mr. The third page contained the worker's estimated retirement, disability, and survivor benefits, as well as a description of Medicare benefits.
Questions about new Social Security rules?
Next Avenue. The article concludes by describing changes in the statement's appearance and content, the statement's relationship to SSA 's strategic plans, and the surveys SSA commissioned to measure public awareness and knowledge of Social Security.
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|Inserting language from Senator Moynihan's bill into OBRA ensured that workers would receive regular information on their Social Security benefits.
All other pages contained single-column text.
Reading your Social Security statement can be a good reminder of how much you need to be saving on your own for retirement. Approximately 20 million people under age 60 who were born in the month of May will be the first to not receive a paper statement in the mail, Mr.
This initiative cited research showing the importance of information and awareness in improving attitudes toward saving and expanding participation in retirement savings plans, and showing that many individuals lack this information and awareness.