Feb 20, 2021

Changes To Social Security Statement

     Got this in an e-mail:

Dear Colleague,

The Social Security Statement is one of our most valuable tools a person can use to learn about their earnings and future Social Security benefits. A convenient way to access the Statement is by using my Social Security, where you can find a variety of useful tools and information, including our new fact sheets.

We have added new fact sheets to accompany the online Statement. The fact sheets are designed to provide clarity and useful information, based on your age group and earnings situation. They can help you better understand Social Security programs and benefits.

The fact sheets cover:

  • Retirement planning for four different age groups (Ages 18-48, 49-60, 61-69 and 70+).
  • Benefit information for:
    • Workers with non-covered earnings who may be subject to the Windfall Elimination Provision/Government Pension Offset;
    • Workers who are not fully insured;
    • Workers with an intermittent work history; and
    • New workers.
  • Medicare planning.

The fact sheets help educate workers about Social Security so they can make informed decisions based on their specific situation.

You can find all of the new fact sheets at www.ssa.gov/myaccount/statement.html.

I encourage you to share this information with your members, colleagues, affiliates, and other interested parties.

Sincerely,

Jeffrey Buckner
Associate Commissioner

Office of Strategic and Digital Communications

2 comments:

Anonymous said...

Retirement plan for those under 45, do not count on anything from SSA, expect an increase in FRA to something approximately 18 months after death and Medicare starting at 70 or 72.

Anonymous said...

The last increase in retirement age happened back in the early/mid 80s raising the retirement age to 67 for those born 1960 or later. Those born earlier have a retirement age somewhere between 65 and 67.
Medicare age was not changed.