Q&A of the Week September 22, 2021
Answer:
You can create a login with the Social Security Administration at https://www.ssa.gov/site/signin/en/ to have access to the following information:
- If you have worked enough to receive a monthly benefit
- An estimate of your monthly payment (based on your earnings history)
- How much less you will receive if you start withdrawing at age 62 compared to the maximum amount you will receive if you wait until age 70
- The benefit you'd receive if you claim social security benefits under your spouse, ex-spouse, or deceased spouse
This information can be valuable. It's worth your time to create the account and check it periodically! For more information: https://finance.yahoo.com/news/check-social-security-balance-regularly-120005197.html