Posted on Friday, 21st September 2012 by

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Social Security resumed mailing annual statements to all who are 60 or older and I received mine several months ago.  They also started sending a statement to workers when they first turn 25 to give them an idea of what their retirement benefits will be down the road.  For all of those in between you can now sign up online to view your personal account including the following:

  • 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.

Sign up at www.ssa.gov/mystatement to create your online account. You must have a valid email address and social security number to proceed and you will be prompted to create a unique user name and password for your new account.  You can also enroll at your local Social Security office if you experience problems setting your account up from you home computer.  Extra security is available and you can elect to have a special text message sent to your cell phone with a unique access code each time you log on.

The nice thing about this program is that you can access the account any time to check on your status and to review and print out updated reports.  Visit http://federalretirement.net/social_security.htm for updated information on CSRS and FERS Social Security benefit issues.

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The information provided may not cover all aspect of unique or special circumstances, federal regulations, and financial information is subject to change. To ensure the accuracy of this information, contact your benefits coordinator and ask them to review your official personnel file and circumstances concerning this issue. Retirees can contact the OPM retirement center. Our article is not intended nor should it be considered investment advice. Our articles and replies are time sensitive. Over time, various dynamic economic factors relied upon as a basis for this article may change.

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    Posted in ANNUITIES / ELIGIBILITY, RETIREMENT CONCERNS, SOCIAL SECURITY / MEDICARE | Comments (0)