What to look for in Social Security statements to boost your retirement benefits
The chart included in the statement shows your projected monthly retirement benefit amount from ages 62 through age 70.
However, the new statement only includes 20 years' worth of earnings, while the previous statement format included all of the years on a worker's earnings record.founder and president of Covisum "That's a valuable exercise for people to do to make sure they don't have any misreported earnings," said Joe Elsasser, founder and president of Covisum, a Social Security claiming software company.Seeing your full earnings history can also help tell you how much of your benefits may be adjusted if you worked in jobs where you earned a pension and did not pay Social Security taxes.
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