Social Security News for Senior Citizens
Social Security News
Social Security pushing personal accounts with special week
Numerous benefits of having a "my Social Security" account highlighted
April 7, 2016 - Social Security is hosting numerous events and activities across the country from April 4 through April 13 to raise awareness about the benefits of establishing a my Social Security account. It is a feature of the third National my Social Security Week.
“For more than 80 years, Social Security has been there through life’s journey. We are helping to secure today and tomorrow with information, tools and resources to meet our customers’ changing needs,” said Acting Commissioner Carolyn W. Colvin.
“Join the more than 23 million people who have already created a my Social Security account, a secure, convenient option for people to do business with Social Security anywhere and anytime.”
This secure, personalized account can be created at www.socialsecurity.gov/myaccount.
With a my Social Security account, people can:
· Keep track of their earnings and verify them every year with their Social Security Statement;
· Get an estimate of their future benefits, if they are still working;
· Get a verification letter with proof of their benefits, if they currently receive them;
· Manage their benefits;
· Change their address;
· Start or change direct deposit;
· Get a replacement Medicare card; and
· Get a replacement SSA-1099 or SSA-1042S for tax season.
In some states, people can apply for a replacement Social Security card online using their my Social Security account. This service is currently available in the District of Columbia, Iowa, Kentucky, Michigan, Nebraska, New Mexico, Washington, and Wisconsin. It is an easy and secure way to apply for a replacement card online.
During my Social Security Week, the agency will hold “Check Your Statement Day” on April 7. It is important that people check their Social Security Statement every year to learn about future Social Security benefits and to verify annual earnings. Personalized Statements help people plan for their financial future. People can access their information when it’s convenient for them by creating a my Social Security account.
Social Security is also helping the U.S. Department of Treasury educate people about the value of saving for retirement. Millions of people do not have access to a retirement savings plan at work or find it difficult to start saving. The myRA is a retirement savings account developed by Treasury that removes common savings barriers and can help people start to save. Learn more at www.myRA.gov.