Social Security: How to Find Your Benefit Amount and Other Online Tips for Seniors - Market News
Home » Social Security: How to Find Your Benefit Amount and Other Online Tips for Seniors
Social Security

Social Security: How to Find Your Benefit Amount and Other Online Tips for Seniors

Senior mature older woman watching business training, online webinar on laptop computer remote working or social distance learning from home.

insta_photos/Getty Images/iStockphoto

Previously, your BSN and benefit amount were only available via a paper statement that was sent to your home. Now you can online access to your benefit amount through a mySocialSecurity account on the SSA website.

Social Security: What is most important to you?
To discover: 5 Social Security Benefits You Can Claim Online

Your online social security statement shows all the income you have had each year and how much you could receive per month? social security benefits when you retire. The “Statement” contains important information for you to properly plan a comfortable retirement.

You can access your earnings, Social Security estimates, and printable statements. If you are retired and already receiving benefits, you can view your payment history, current status and manage your benefits through the online account.

Related: Unclear about Social Security benefits? These are the 4 types seniors should know

To set up your personal Social Security account, you need to go to the SSA website here. From there, select “Create Account” to get started. You must be at least 18 years old, have a valid Social Security number, US mailing address, and email address to use this system.

After you sign up, you can verify your earnings history, view estimated benefits based on your past earnings, view Social Security and Medicare taxes you paid in your lifetime, print your current statement and apply for a replacement Social Security card.

Senior incentive: How an Extra $1,400 Check Could Help Social Security Recipients Run Soaring Groceries?
Find: 40 Social Security Tips for 2021

If you are already receiving benefits, you can view benefits information, change your address and phone number, initiate or change electronic payments, replacement Medicare card, a tax-season replacement 1099 form, and a benefit verification letter — all online.

More from GOBankingRates

Last updated: November 3, 2021

About the author

Georgina Tzanetos is a former financial advisor who studied post-industrial capitalist structures at New York University. She has eight years of experience in concentrations in asset management, portfolio management, private client banking and investment research. Georgina has written for Investopedia and WallStreetMojo.