The Social Security Act was passed on August 14, 1925. Your BBB has learned that to celebrate this year’s 79th anniversary of the Act, the Social Security Administration (SSA) has designated this week, August 17 – 23, 2014, as the first National “my Social Security” Week. The purpose of the week is to make people more aware of the benefits of establishing a “my Social Security” account.
In an August 18, 2014 Press Release, Acting Commissioner of Social Security, Carolyn W. Colvin, said, “I am excited about the first National my Social Security Week. A my Social Security account is a convenient, cost-effective and secure way for the public to do business with us from the comfort of their home, office or library.”
*Who Can Create a “my Social Security” Account?
You must have a valid E-mail address,
You must have a Social Security number,
You must have a U.S. mailing address, and
You must be at least 18 years of age.
*What is a “my Social Security” account?
It is a personalized online account and financial planning tool.
*What Can I Do With a “my Social Security” account?
If you receive benefits or have Medicare, you can:
o Get your benefit verification letter;
o Check your benefit and payment information and your earnings record;
o Change your address and phone number; and
o Start or change direct deposit of your benefit payment.
If you do not receive benefits, you can:
o Get your Social Security Statement , to review:
o Estimates of your future retirement, disability, and survivors benefits;
o Your earnings once a year to verify the amounts it says you earned are correct; and
o The estimated Social Security and Medicare taxes you’ve paid.
Get a benefit verification letter stating that:
o You never received Social Security benefits, Supplemental Security Income (SSI) or Medicare; or
o You received benefits in the past, but do not currently receive them (The letter will include the date your benefits stopped and how much you received that year.); or
o You applied for benefits but haven’t received an answer yet.
It is very important for workers to check their annual Social Security statements since the earnings reported on the statement are the basis for determining future retirement benefits. If you do not have access to the Internet, you may continue to receive your annual Social Security statement in the U.S. Mail. You may also visit the nearest Social Security office for help with your account.
NOTE OF CAUTION: The SSA warns consumers that there are phishing E-mails going around encouraging them to create a “my Social Security” account. The SSA will be using marketing firms to help make people more aware of Social Security’s online services, but any links that consumers find in these E-mails should always point to a “.gov” web address. If consumers are not certain that an E-mail you received came from Social Security or one of our marketing partners, DO NOT click the links. Instead go directly to the Social Security website, www.socialsecurity.gov, and click on the my Social Security icon.
For more information you can trust, visit bbb.org/evansville.