Check your Social Security benefit statement often
The Social Security Administration (SSA) has been working diligently to cut expenses, and one of the methods they have used is to stop mailing Social Security statements to everyone. Estimated Benefit Statements are now mailed only to those approaching retirement age, saving the SSA about $57 million last year alone. The general American trend is much more to online activities, and Social Security is no different, offering online access to your estimated Social Security benefits, earnings records and other information, thus giving you immediate access to your benefit projections. Nevertheless, reality is that most people still don’t check their Social Security statements regularly, which could portend future problems if their current earnings aren’t accurately recorded with Social Security. As this article appearing at considerable.com points out, the best hedge against future benefit surprises is to check you Social Security statement regularly. Click here to read more.
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