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Your Social Security Statement and How to Use it
Our posts on this site have regularly cited the importance of periodically verifying the information that the Social Security Administration (SSA) records contain on your earnings history, and we’ve offered pathways to creating your personal “my Social Security Account” as a way to make it simple to check your record. If you haven’t already established your personal account, go ahead and do that… It’s pretty simple to set one up, and the link in the preceding sentence provides “How To” videos to help you.
So, when you have a personal account, what should you look for? Well, the most obvious information to verify is your earnings record, so you can be certain that SSA has received this data and posted it to your record. Once verified, you can use your account to project what your benefit will eventually be, although there are some guidelines concerning the interpretation of any benefit projections. These are discussed in an AOL.com post by The Motley Fool’s Selena Maranjian, which you can review here…