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.
This year, the agency resumed mailing them to people once they reach 60, but younger workers were left out.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
