Social Security Benefit Notices Stop sending

> Social Security Benefit Notices Stop sending In order to save costs, the Federal Social Security Administration announced that starting this month, it will change the mailing of Social Security Benefit Estimation Forms (Social Sec…

Social Security Benefit Notices Stop sending In order to save costs, the Federal Social Security Administration announced that starting this month, it will change the sending of Social Security Benefit Estimation Forms (Social Security Statements) will stop sending this kind of mail, which uses four pieces of paper each. Next year, it will only be sent to those over 60 years old. More office workers will check online. Currently, office workers over the age of 25 will receive a Social Security Benefit Estimate from the Social Security Administration about three months before their birthday every year, indicating how much they will receive each month if they retire at the age of 62, 66 or 70. However, in order to save money, this service will be discontinued. Since the 1980s, the Social Security Administration has been sending Social Security benefit estimates to working people over the age of 25 every year, listing the annual taxable income so that taxpayers can check for errors, and of course the amount of benefits they will receive in retirement. "It costs about $70 million every year to print and mail these estimates," Social Security Administrator Askew told the Senate Appropriations Panel in March. The Social Security Administration expects that stopping the mailing of this form from April to the end of September will save 30 million yuan. The department plans to resume sending this form to office workers over the age of 60 next year, which is expected to save another 60 million yuan next year. Other office workers will need to check it online. Astra said that if the Internet security problem is solved, the Social Security Administration is expected to provide online access to social security benefit information by the end of this year. If it cannot be solved, it will resume sending paper estimate forms. This form is mailed to approximately 150 million people each year and is very helpful for office workers in their retirement planning. The decision to stop sending this form has nothing to do with the budget dispute between the White House and Congress that is currently jeopardizing the government's operations. It does have to do with the agency's operating budget, which has actually been frozen at the 2010 level, and the agency has lost about $350 million in stimulus funds used to process benefits. Advocates for the elderly say they sympathize with the Social Security Administration's budget problems, but there are drawbacks to searching online, especially since many people don't know how to use computers or don't have computers. For these people, concrete paper can make them feel at ease about Social Security benefits.