Latest News
The Importance of Verifying the Data SSA Has in Your Record
The Social Security Administration (SSA) maintains records of our work history, along with the earnings history and a record of the taxes you’ve paid for both retirement benefits and Medicare coverage. Using this information, SSA develops benefit data for you and your dependents, and provides forecasts on the amount of benefits you will receive when you claim. This is critical information regarding your participation in Social Security, and it’s essential that you take the initiative to review the data and ensure its accuracy. A post today by The Motley Fool’s Matt Frankel, which you can access here, underscores this point, calling a careful reading of your online Social Security statement “… one thing I’d encourage people to do before claiming Social Security benefits.”