- Will You Qualify for Social Security Retirement Benefits?
- When Can You Collect Full Social Security Retirement Benefits?
- How Much Will You Collect?
- What Can Your Spouse Expect to Receive?
- What If You Want to Receive Social Security Retirement Benefits Early?
- How Much Can You Earn without Reducing Your Benefits?
- What If You Postpone Collecting Your Benefits?
- How About Inflation and Social Security?
- Will Your Social Security Benefits be Taxable?
- Auditing Your Social Security Statement
Your Social Security Statement provides you with a list of your Social Security earnings each year through your previous year's wages. It will tell you the current estimate (in today's dollars) of your retirement benefit at the age you requested, as well as the benefit at full retirement age and at age 70. It also tells you the projected amount of disability benefits and survivor benefits your family may receive.
- As a general rule, the Social Security Administration can correct errors only up to 3 years, 3 months, and 15 days after they occur.
- If eligible for Social Security, audit your personal Social Security record carefully.
- A Social Security Statement is mailed annually to all individuals age 25 and older. If you have not received this statement, call Social Security at 1-800-772-1213 and ask for Form SSA-7004 (Request for Social Security Statement). It can also be requested via the Internet at www.ssa.gov.
Review your record of earnings carefully. If they do not agree with your own records, contact the Social Security Administration at 1-800-772-1213. You will need past W-2 forms, pay stubs, tax returns, or any other proof of your earnings.
Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Franklin Mint Federal Credit Union and Mint Wealth Advisors are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Mint Wealth Advisors, and may also be employees of Franklin Mint Federal Credit Union. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Franklin Mint Federal Credit Union or Mint Wealth Advisors. Securities and insurance offered through LPL or its affiliates are:
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Financial Learning Center content created by TrueBridge, Inc. The information provided is based upon sources and data believed to be accurate and reliable. The content contained herein is intended for information and illustrative purposes only, should not in any way be construed as a personal recommendation, and should be used in conjunction with individual professional advice.
