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A Reminder to Verify Your Earnings History - The Motley Fool
Yes, mistakes do happen. That’s why it’s wise to ensure that the information maintained by the Social Security Administration (SSA) in your individual earnings history has been accurately recorded. After all, this record of your earnings is the very basis for calculating what will become your retirement benefit later in life, and it has a clear connection for dependent and survivor benefits that may be connected to your work history.
The Motley Fool’s Dana George, in a post on their website, suggests an annual check later in the year, after allowing time for the IRS to transmit tax data to SSA, and that’s not a bad idea. It will allow for timely correction of any errors you may find. Having a “my Social Security Account” can be a big help in this process, so if you haven’t established one, you probably should. If you need any help along the way, know that the AMAC Foundation’s Social Security Advisory Service stands ready to assist you. Learn more about this free and publicly available service here.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.