social security

Social Security Statements Now Accessible Online

Workers who have paid into the Social Security system can now view their personalized earnings and benefits information with the launch of a new portal by the U.S. Social Security Administration. The new online Social Security Statement replaces the annual paper statement that was suspended for those between the ages of 25 and 60. Individuals 18 and older can register and create an account and once verified can access their statement and view benefits. In February Social Security resumed mailing paper Statements to workers age 60 and older if they are not already receiving Social Security benefits.

[Photo courtesy of AP Images]

Social Security Benefits Increase

Monthly Social Security and Supplemental Security Income (SSI) benefits for more than 60 million Americans will increase 3.6 percent in 2012, the Social Security Administration announced today. The 3.6 percent cost-of-living adjustment (COLA) will begin with benefits that nearly 55 million Social Security beneficiaries receive in January 2012. Increased payments to more than 8 million SSI beneficiaries will begin on December 30, 2011.
[Photo Courtesy of AP Images.]

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