18.4 C
New York
Wednesday, November 6, 2024

Buy Now

Access your earnings history with “My Social Security”

Reading Time: < 1 minute

It may have been years or even decades since you thought about how much you earned at your first job. Did you know that you can find out how much you made that first year? Or any year you worked? Your earnings history is a record of your progress toward your future Social Security benefits. We track your earnings so we can pay you the benefits you’ve earned over your lifetime. That is why it’s so important for you to review your earnings record. 

You should review your earnings history and let us know if there are any errors or omissions, even though it’s your employer’s responsibility to provide accurate earnings information to us.. Otherwise, you will not get credit for money you paid in payroll taxes, and your future Social Security benefits will be lower than you should receive. You’re the only person who can look at your lifetime earnings record and verify that it’s complete and correct. If an employer didn’t properly report even just one year of your earnings to us, that error could reduce your future benefit payments. Over your lifetime, that could cost you thousands of dollars in retirement or other benefits that you’re entitled to receive. It’s important to identify and report errors as soon as possible. If too much time passes, it could be hard for you to get older tax documents. Also, some employers may no longer exist or be able to provide past payroll information. 

**********

Thank you for reading Patrick Robinson’s article on scoopnewsusa.com. For more on “Access your earnings history with My Social Security”, please subscribe to SCOOP USA Media. Print subscriptions are $75 and online subscriptions (Print, Digital, and VIZION) are $90. (52 weeks / 1 year).

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

1,193FansLike
154FollowersFollow
0SubscribersSubscribe

Latest Articles