You Can Find Your Social Security Earnings Online
You’ve probably heard that Social Security is running low, but that may not mean what you think . If Congress does nothing to fix the welfare system, the Trust Fund will exhaust itself by 2034, but recipients will still receive 75% of the estimated benefits. The Social Security Administration has a website where you can log in and view your earnings, which is updated annually.
Many people misunderstand social security, but that doesn’t mean you want to rely on it to fund your retirement. However, it is worth knowing what your own benefits will be. If you’d like to learn more about how Social Security works, check out our tutorial on the topic . You can also sign up for a My Social Security account to view your own records. You will see how much you have earned over the years, how close you are to being eligible for benefits, and how much you can expect to receive based on your income history. It is worth registering to simply check this information for accuracy.
Of course, you will need to provide personal information to register for an account, and as SSA explains, you will also notice a soft prompt on your credit report:
We use the information you provide to verify your identity against our records. We also use an external identity service provider to verify your information against their records. We do not share your Social Security number with them, and they only retain your information for the period of time permitted by federal law, regulation, or guidelines. We use their fraud prevention services to help protect you from identity theft.
When you make a verification request to create your account, our identity provider may use information from your credit report to help verify your identity. As a result, you may see a soft record of the ID provider request on your credit report indicating that the Social Security Administration
To register yourself, visit the link below and then check out Bankrate’s post to see what else you can do on the SSA website.
My social security through the bank rate
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