Newly redesigned online benefit statements may hold key information for boosting your Social Security retirement benefits.
With the redesigned layout, the Social Security Administration aims to make it easier for workers to find information at a glance and simplify its complex programs. Those statements are also now accompanied by fact sheets tailored to specific age cohorts.
The chart included in the statement shows your projected monthly retirement benefit amount from ages 62 through age 70. A full earnings history is available on workers' personal My Social Security accounts. Experts say looking at just 20 years is limiting and it is important to take the extra step to see your full earnings history.But errors can happen. The Social Security Administration and other experts advise workers to to make sure it shows the correct amount earned each year and that none of your income has been omitted.
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