Over the past couple of years the Social Security Administration has made great strides to catching up to the rest of the world in terms of technology.
Prior to May 1, 2012 there were not very many services available online. For example, if you wanted to see a statement you would be able to log on and request it…but it could take weeks to arrive. That has all changed now!
If you go to http://www.ssa.gov/myaccount/ it is fairly easy to set up an account and do a number of things including:
- Changing your address and phone number
- Starting or changing a direct deposit
- Checking your payment history
- Print a Social Security statement
- Print a Benefits Verification Letter (effective January 2013!)
Last year the Social Security representatives processed 9 million benefit verification letters either in person or on the phone. Adding a service like this to the list of online conveniences should significantly reduce the workload of the Social Security representatives which subsequently should reduce your time spend on hold when nothing but a phone call will do.
If you have any questions about Social Security planning or other financial planning topic please don’t hesitate to find us online at www.carrollinvestmentmanagement.com or send us an email at firstname.lastname@example.org.
The opinion voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.