Your Social Security Statement May Be Wrong «WISER Women Blog RETIREMENT

Your social security declaration may be incorrect

SSCard_dark textThis summer, Forbes and USA Today reporters found that Social Security had sent thousands of false statements of benefits to potential recipients. A number of people who asked for information about their account through a paper form [SSA-7004] between 2017 and today received credits that were hundreds of dollars lower.

According to the Social Security Institute, the errors were kept to a minimum some, but not all Statements sent on request to the following persons.

– Those born in 1955, 1956 or 1957.

– Persons 62 years or older at the time of their request.

– Those who stated on the SSA-7004 that they stop working at the age of 66.

The Social Security Agency claims that it will stop publishing SSA-7004 messages by the end of June, but will resume soon after the system is repaired and corrected messages are sent to consumers.

What can you do:

If you are worried that this will happen again, or if you believe that you have received a faulty instruction that has not been corrected, you can take a number of simple steps to verify the accuracy of your instruction. If you have ordered one On request SSA 7004 instruction Make sure that within the last 2 years, you are relating your most recent billing to any previous billing you may have received or reviewing your income statement using your W-2 forms from previous IRS submissions. You should also create an online social security account and view these estimates, make your own calculations, or have them reviewed by a financial expert.

So make your social security statement online

To request billing if you can not or do not want to receive online billing

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