The Social Security monthly benefits statement that most people are familiar with has been around since 1999. That means we’ve been looking at the same Social Security statements for the last 22 years… and it’s high time the Social Security Administration gave their paperwork a modern makeover.
They did just that recently, and I want to walk you through what to expect when you see this new format come to you in the near future. While some people began receiving the new Social Security statements in May, the rollout is still in progress – so don’t be surprised if your statement still looks the same as it always has.
Once you do get your hands on the newest version, you may notice there are a few elements that you’re probably used to seeing that will no longer be included. Meanwhile, other aspects of the statements are brand-new and you want to make sure you fully understand those.