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Social Security Statements Are Getting a Revamp: What It Means for You


Many people go an entire lifetime without ever glancing at their Social Security earnings statements. But that's a mistake.

Each year, the Social Security Administration (SSA) issues workers an earnings statement. That document contains a few vital pieces of information.

First, it summarizes annual wages that count toward calculating Social Security benefits. Next, it gives an estimate of what an individual's future monthly benefit might look like in retirement.

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Source Fool.com


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