Social Security resumes mailing benefit statements
WASHINGTON (AP) — The Social Security Administration has resumed mailing statements to workers letting them know the estimated benefits they will get when they retire.
The agency stopped mailing the statements to most workers two years ago to save money. Instead, Social Security directed workers to track their future benefits online using a secure website.
Congress, however, passed a bill last year requiring Social Security to resume mailing the statements.
The agency said Tuesday that many workers will now start receiving the paper statements every five years. Once workers reach 60 they will get them every year.
The statements include a history of taxable earnings for each year so people can check for mistakes. They also provide estimates of monthly benefits, based on current earnings and when a worker plans to retire.