Getting Your Financial Ducks In A Row

Paper Social Security Statements are Back

The best laid schemes o’ mice an’ men
Gang aft agley

— Robert Burns
To a Mouse, on Turning Her Up in Her Nest with the Plough

Photo courtesy of Sylwia Bartyzel on unsplash.com

As with many great ideas, in practice the concept of exclusive electronic delivery of Social Security benefit statements seems to have gone “agley”. Apparently a very small percentage of folks actually took advantage of the online version of these statements (primarily my client base, I’m guessing). As a result of this and apparent feedback from customers, advocates and Congress, Social Security is resuming the physical delivery of paper Social Security Statements.

The new delivery schedule will be based upon the age of the potential Social Security benefit recipient, with statements being sent automatically 3 months before your 25th, 30th, 35th, 40th, 45th, 50th, 55th, and 60th birthdays. You will only receive this statement if you are not currently receiving Social Security benefits AND if you have not registered with a mySocialSecurity account (the online statement portal).

You can still receive a Social Security statement from the online system at any time, as often as you wish. This is accomplished by going to the address www.socialsecurity.gov/myaccount. Just keep in mind that you will not receive a mailed paper Social Security statement thereafter once you’ve signed up. Online is the only method that you will be able to receive this statement once you’ve signed up, or once you’ve begun to receive benefits from Social Security.

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