Social Security Report

Simplify Retirement Planning with Social Security’s New Statement Changes - AMAC & Fox Business

The Social Security benefit statements that people can access on-line are about to become more helpful and informative.  Kelsey Ramirez explains the changes announced by the Social Security Administration in October.  A few changes to the redesigned Social Security Statement are these:

• Ability to view benefit eligibility in easy-to-use boxes on the first page
• Personalized retirement benefit estimates for all ages in a color bar chart
• Earnings record in one column for users to check for earnings information accuracy
• Added key points about benefits that may not be common knowledge

If one’s goal is to maximize benefits, the new statement should help.  Read the full article here.

The AMAC Foundation offers a free-to-the-public advisory service to all folks ageing into–or already in–Social Security. This service provides guidance in understanding the complexities of Social Security and the myriad rules and regulations associated with the process for claiming benefits, with NSSA-Certified Social Security Advisors available via email or telephone to discuss options. Learn more about this service via the Foundation’s website.

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