Social Security starts providing online statements
Workers will now receive their statements electronically rather than by mail, a move anticipated to save $70 million a year.
By Stephen Olemacher|May 01, 2012 at 12:33 PM
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WASHINGTON (AP) — The Social Security Administration is now providing workers with online statements of the estimated benefits they will get when they retire, replacing the paper ones the agency used to mail out.
Until last year, the agency mailed out yearly statements that told you how much your benefits would be if you retired at age 62, 66 or 70. Social Security stopped mailing the paper statements to save an estimated $70 million a year.
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