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Bookmark or Share- How to Cope With Social Security's Customer Service Problems - AARPWhen Jim Sauer read the letter from the Social Security Administration (SSA) in October 2021, he was puzzled. Because he was claiming benefits a year after his full retirement age, he was expecting bigger payments than what the SSA said he would receive. So Sauer called the Social Security office near his home in Fairfield Township, Ohio, to ...
- How To Get A Verification Letter From Social Security - AARPTo request a copy: Log in to your My Social Security online account. Select the link entitled “Get a Benefit Verification Letter,” then “Customize Your Letter.”. Select the information you want to include and click “Apply to Letter.”. Choose whether you’d like to print (“Print Now”) or save your letter online (“Save a Copy”).
- How Retirement Benefits Are Calculated By Social Security - AARPThat’s the foundation the Social Security Administration uses to calculate your benefits, using a three-step process. First, Social Security adjusts your earnings for historical changes in U.S. wages, takes your 35 best-paid years and produces what it calls your average indexed monthly earnings (AIME).
- History of Social Security COLA Increases by Year - AARPThe first automatic Social Security COLA was 8 percent in 1975. The 1975 COLA wasn’t the largest bump in Social Security history since automatic annual increases went into effect. That came in 1980, when benefits rose 14.3 percent; an 11.2 percent increase followed in 1981. The first two decades of the 21st century saw mostly modest COLAs ...
- Social Security Glossary of Frequently Used Terms - AARPSocial Security Administration (SSA). The federal agency that runs Social Security, Supplemental Security Income, and enrollment in Medicare parts A and B. SSA is headquartered in Baltimore and maintains more than 1,200 field offices in communities across all 50 states, the District of Columbia and U.S. territories.
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