|From “Why Social Security?” (1937) (Photo credit: Tobias Higbie)|
Remember way back in 2011, when the Social Security Administration used to send you a paper statement every year? This was a useful statement, which included the estimates of your future benefit at age 62, full retirement age, and age 70, as well as a run-down of your year-by-year earnings information. Ah the good ol’ days…
Sometime in 2011 the SSA stopped mailing those statements, and instead made available on their website a series of calculators which would give you your Primary Insurance Amount (the amount you’d receive at Full Retirement Age) estimate, but little else. This calculator was nowhere near as useful, and lots of folks were upset about it.
Well, apparently someone at SSA listened, because now there is a new option on the SSA website, at www.socialsecurity.gov/mystatement, where you can create an account and receive essentially the same information that was previously available on the paper statement – including earnings history! How about them apples??
But that’s not all…
I have also have it on good authority from a source within SSA that the paper statements will be coming back. Only for folks age 60 and older, but hey, that’s who really needs this information anyhow, so this is great!
Great job, Social Security!