The Social Security Administration (SSA) makes it simple for people to access information about their benefits. We’ve compiled a few helpful tips below.
If You Are Reaching Retirement Age
If you’re thinking about retiring, Social Security benefits can have a big influence on timing. Before you apply for benefits with the SSA, it’s a good idea to know how much you could receive at different ages.
The SSA’s Retirement Estimator can give you an estimate based on your actual Social Security earnings record. It’s a quick online form that asks for information like your name, date of birth, and Social Security Number.
Note: The SSA cannot provide your actual benefit amount until you apply — for reasons like cost-of-living and a possible fluctuation in your earnings in the future — but the estimator tool will give you a good idea of what you can expect.
If You Already Receive Social Security Benefits
Every January, the SSA sends Social Security beneficiaries a tax form that shows the benefits they received from the SSA the previous year. The point of the form is to know what to report to the IRS during tax season.
If you live in the U.S. and need a replacement form, you can access it in several ways:
- Use your online my Social Security account. You can create one here.
- Call 1-800-325-0778.
- Contact your local Social Security office.
If you live outside of the U.S. and need a replacement form, you can contact your nearest U.S. Embassy or Consulate for assistance.
For Individuals with Social Security Disability Income
If you are receiving Social Security disability income (SSDI) when you reach full retirement age, your disability benefits will automatically convert to retirement benefits. The amount you receive will remain the same.
It’s also important to know what will happen if you’re receiving disability benefits and are about to settle a personal injury lawsuit. SSDI beneficiaries may want to consult with an expert settlement planner if they are recovering in a lawsuit.
A West Point graduate where he served as captain and military aviator, John Bair continues his commitment to our country through his efforts within the settlement planning industry. He has represented families of victims lost in the Flight 3407 crash, offered pro bono services to the families of 9/11 victims and drafted the first consumer protection bill for plaintiffs (H.R. 3699).