Social Security starts providing online statements
By STEPHEN OHLEMACHER
WASHINGTON (AP) — The Social Security Administration is now providing workers with online statements of the estimated benefits they will get when they retire, replacing the paper ones the agency used to mail out.
Until last year, the agency mailed out yearly statements that told you how much your benefits would be if you retired at age 62, 66 or 70. Social Security stopped mailing the paper statements to save an estimated $70 million a year.
http://news.yahoo.com/social-security-s … 44708.html
I'm not sue if I like this or not;it seems like the govt is making it easier for cybercrooks to take your savings and benefits
I think that they are trying to save costs way too late in the game and as you said, they are making it easier for people to get critical info and run off with other people's money. An overwhelming amount of even encrypted info can be stolen online. I guess that for me this will not be a problem, there will be nothing left in SS for me when I reach that age.
by Petra Vlah4 years ago
Through our working years we all paid for Social Security and Medicare, so why are they considered entitlements when in fact we contributed our own money into the system?
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