On May 1st the Social Security Administration announced that you can now get “Your Social Security Statement” online.
To get your own personal statement you can go to: www.socialsecurity.gov/mystatement
To obtain your statement you must first set up an account. This can take some time as it requires filling out some personal information and verifying some information that the vendor, Experian, has about you. The Social Security Administration acknowledges that some people may not be able to get access to their accounts this way, in which case you can request a paper copy or go to your local Social Security Office to get a statement. Once you set up your account, you can access your statement by using an id and password.
Social Security recently suspended the sending out of Social Security statements, but in February started sending out statements again to people 60 and over and people 25.
The statement has important information for you. It provides estimates of the benefits you can receive if you claim at different ages and the benefits that survivors in your family may receive from your Social Security account. What is still missing is an estimate of what spousal benefits your spouse might receive if he/she claims spousal benefits based on your record. This is a significant omission since there are strategies using spousal benefits which can greatly increase your benefits from Social Security. See our discussion of these Secret Stratagies
Other valuable information that can be found on your statement is your salary history. This history plays an important role in determining your Social Security benefits. You should verify that this information is correct so that you receive all the benefits which you have earned.