Check Your Social Security Earnings Record Every Year - AOL.com/Finance/Retirement
It is essential to review your Social Security earnings record annually. Your Social Security benefit amount is based on your 35 highest-earning years. Social Security averages your highest 35 years of earnings to calculate your monthly benefit, so it is important to make sure all your earnings are included. Missing years could result in a lower benefit. You only have three years, three months, and 15 days to correct your earnings record; however, there are a few exceptions. I recommend you create a My Social Security Account online to view your earnings record each year. If you don’t have one, click here… to create one.
Kat Aoki wrote an article about the importance of verifying your earnings record and how to correct it. For example, $50,000 in missing earnings could reduce your Social Security benefit by $120 per month. To read the full article by Kat Aoki here…
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