On May 1, 2012, the Social Security Administration made online benefit statements available on their web site. The statement provides eligible workers with Social Security retirement benefit estimates and other benefit information helpful for retirement planning. The site also provides estimates of Social Security disability and survivor benefits.
Those eligible for Social Security benefits should check their benefit estimate and verify their Social Security earnings every year. Since Social Security benefits are based on lifetime average earnings, people need to make sure Social Security earnings are correct in order to receive their maximum monthly benefit. The online benefit statement can be saved or printed for use as a financial planning tool.
Access to the new online Social Security benefit statement is very secure. Workers 18 years of age or older can set up an online account. In order to do so, they must be able to enter information about themselves that matches information that is already on file with the Social Security Administration. They must then be verified by Experian—an external authentication service provider. In order to be verified, they must provide additional information that is known to them and answer security questions.
Once verified, online users will create a “My Social Security” account with a unique user id and password. This account provides them with access to their online benefit statement as well as links to information about other services such as Social Security disability, retirement, and Medicare.
The Social Security Administration expects that some users will have problems with the verification process. Some people will not be able to enter information that matches information on file with either the Social Security Administration or Experian. In that case, they can request a paper statement online and then present identification at the nearest Social Security Administration office in order to set up an online account.
The Social Security disability attorneys at Schmidt Kramer Injury Lawyers recommend that you set up a “My Social Security” account and check your benefit statement annually. If you have been denied Social Security disability benefits, please contact a Lancaster Social Security disability lawyer at (717) 888-8888 for a free consultation.
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