May 22, 2012

According to The Society of Human Resource Management (SHRM), the U.S. Social Security Administration (SSA) has launched a portal that enables workers who have paid into the Social Security system to view their personalized earnings and benefits information. The new online Social Security Statement replaces the annual paper statement that was suspended for those between the ages of 25 and 60.

Individuals age 18 and older can register at www.socialsecurity.gov/mystatement and, after answering a series of identifying questions, create a “My Social Security” account with a unique user name and password. Once the information is verified, they can access their online statement and view the benefits that the Social Security system intends to provide.  To read more of this article, please click here.

According to the U.S. Social Security Administration (SSA) website,  Social Security Statements online provides:

• Estimates of the retirement and disability benefits you may receive;
• Estimates of benefits your family may get when you receive Social Security or die;
• A list of your lifetime earnings according to Social Security’s records;
• The estimated Social Security and Medicare taxes you’ve paid;
• Information about qualifying and signing up for Medicare;
• Things to consider for those age 55 and older who are thinking of retiring;
• General information about Social Security for everyone;
• The opportunity to apply online for retirement and disability benefits; and
• A printable version of your Social Security Statement.

To learn more, please click here.