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Notifying Social Security of Changes to your Status is Important - MARCA

Speaking to a friend recently, he revealed that he had not notified Social Security of his address change since he moved six years ago. I asked how he was getting his year-end Social Security statements, and he shared that he’s not receiving those. That, of course, could mean that he’s not getting his SSA-1099 to use when filing his income tax with the IRS, potentially exposing him to IRS penalties. That’s one example of why it is vitally important that all changes in your status should be promptly reported to the Social Security Administration, including marital status, residency, and the status of dependents. In the latter case, for example, if you adopted a minor child, that child would be eligible for child benefits based on your record, and the only way to obtain those benefits is to inform Social Security. Point is, you should keep Social Security informed of any changes to your status to ensure you receive all the benefits you are entitled to, as is discussed in this MARCA Personal Finance article.

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