Do You Lose Social Security Coverage If Not Working?

Q: I have worked for years and, according to my Statement, have enough credits to qualify for Social Security benefits. Do I lose this coverage if I stop working? A: Work requirements are part of Social Security and credits, formerly called quarters of coverage, are the way work is measured to see if a person…
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Today Is Check Your Statement Day

Noted in yesterday’s post about my Social Security, today is “Check Your Statement Day.” Checking your Social Security Statement is important for retirement planning but, in my opinion, it is even more important for people many years away from retirement, especially if you have dependent children. Including survivors and disability benefits, Social Security is far…
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National My Social Security Week

During the extended weeklong period of April 4 -13, the Social Security Administration is holding the third my Social Security Week.  The following is from an agency press release: Carolyn W. Colvin, Acting Commissioner of Social Security, welcomes everyone to celebrate the third National my Social Security Week from April 4 through 13, 2016. Social…
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Email To My Social Security Accounts – 1099 Reminder

Email messages are occasionally sent to groups of people who have created their personal my Social Security account. These emails provide general information only, do not contain any personal information about you and do not request any personal information from you. Sometimes people receiving these emails contact Social Security to verify that the message is…
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Changing Direct Deposit

Q: How long will it take Social Security to change my direct deposit account? A: This depends on computer processing dates during the month, your payment date and when you contact Social Security to report the change. Direct deposit is the term for electronically sending your benefit payment directly to your financial institution. Benefits should…
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