Last September the Social Security Administration announced the resumption of mailed Social Security Statements. The first ones went to people of specified ages having a December birthday.
Most people will not receive a mailed Statement every year. You will receive yours when reaching ages 25, 30, 35, 40, 45, 50, 55, and 60 if not receiving Social Security benefits and if not registered for a my Social Security account.
The Statement will arrive in the mail about 3 months before your birthday. After age 60, people will receive a Statement every year. The agency expects to send nearly 48 million Statements each year.
The Statement is a great family financial planning tool at all ages up to retirement, especially for people with young families and years away from retirement. Social Security is more than retirement. The Statement includes estimates for disability and survivors benefits also. My post of October 20, 2014, discussed using the Statement to estimate family benefits and to check your work record for accuracy.
Information on the Statement is so important that it is far better to see yours more often than every five years. And you can. Online. Whenever you want.
Do so by creating your personal my Social Security account at www.socialsecurity.gov/myaccount/. View your own Statement online at least once a year or as often as you want. Doing this will help you plan for your Someday retirement and for your Today.
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