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how can i find out my estimated social security benefits

by Mr. Raul Wilderman Published 2 years ago Updated 1 year ago
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How can I find out how much Social Security I will get?

Most people can receive an estimate of their benefit based on their actual Social Security earnings record by going to www.socialsecurity.gov/estimator.

How do I find out my Social Security benefit amount for 2021?

But, if you want to know your new benefit amount sooner, you can securely obtain your Social Security COLA notice online using the Message Center in your my Social Security account. You can access this information in early December prior to the mailed notice.

How much Social Security will I get if I make $30000 a year?

0:362:30How much your Social Security benefits will be if you make $30,000 ...YouTubeStart of suggested clipEnd of suggested clipYou get 32 percent of your earnings between 996. Dollars and six thousand and two dollars whichMoreYou get 32 percent of your earnings between 996. Dollars and six thousand and two dollars which comes out to just under 500 bucks.

Is Social Security based on the last 5 years of work?

A: Your Social Security payment is based on your best 35 years of work. And, whether we like it or not, if you don't have 35 years of work, the Social Security Administration (SSA) still uses 35 years and posts zeros for the missing years, says Andy Landis, author of Social Security: The Inside Story, 2016 Edition.

Benefit Calculators

The best way to start planning for your future is by creating a my Social Security account online. With my Social Security, you can verify your earnings, get your Social Security Statement, and much more – all from the comfort of your home or office.

Online Benefits Calculator

These tools can be accurate but require access to your official earnings record in our database. The simplest way to do that is by creating or logging in to your my Social Security account. The other way is to answer a series of questions to prove your identity.

Additional Online Tools

Find your full retirement age and learn how your monthly benefits may be reduced if you retire before your full retirement age.

What is the benefit estimate?

Benefit estimates depend on your date of birth and on your earnings history. For security, the "Quick Calculator" does not access your earnings record; instead, it will estimate your earnings based on information you provide. So benefit estimates made by the Quick Calculator are rough. Although the "Quick Calculator" makes an initial assumption ...

How old do you have to be to file for Social Security?

You must be at least age 22 to use the form at right. Lack of a substantial earnings history will cause retirement benefit estimates to be unreliable. Enter your date of birth ( month / day / year format) / /. Enter earnings in the current year: $. Your annual earnings must be earnings covered by Social Security.

How old do you have to be to use Quick Calculator?

You must be at least age 22 to use the form at right.

What happens if you retire early?

Effect of early retirement on benefits. If you are under your normal retirement age when you choose to begin receiving benefits, your benefit will be reduced. Effect of earnings on benefits. If you are under your normal retirement age and you continue to work while receiving benefits, you may be subject to the retirement earnings test.

Is the online calculator more accurate than the Quick Calculator?

To use the Online Calculator, you must have a copy of your earnings record because you will need to enter your covered earnings for each year. This calculator is more accurate than the Quick Calculator. (The Online Calculator requires that your browser be JavaScript-enabled.)

Can you use the retirement calculator if you are receiving a benefit based on your own earnings?

You can not use this calculator if you are receiving a benefit based on your own earnings record. In addition, you must be permanently insured to use the Retirement Estimator. Other calculators, listed below, are less restrictive but require you to enter your earnings.

Social Security Statement

Your Social Security Statement (Statement) is available to view online by opening a my Social Security account. It is useful for people of all ages who want to learn about their future Social Security benefits and current earnings history.

Sample Statement

We redesigned the Statement to make it easier for you to read and find the information you need!

Fact Sheets Added to Online Statement

We have added new fact sheets to accompany the online Statement. The fact sheets are designed to provide clarity and useful information, based on your age group and earnings situation. They can help you better understand Social Security programs and benefits.

What is SSI for disabled people?

We are with those who need a helping hand. The Supplemental Security Income (SSI) program provides support to disabled adults and children who have limited income and resources, as well as people age 65 and older who are not disabled but have limited income and resources.

Why do we pay disability benefits to people who can't work?

We pay disability benefits to those who can’t work because they have a medical condition that’s expected to last at least one year or result in death. Find out how Social Security can help you and how you can manage your benefits. LEARN MORE.

Social Security Spouse's Benefit Estimates

Plan for your future with a my Social Security account. With a my Social Security account, you can view the benefits you could receive based on your spouse’s earnings history, or the benefits your spouse could receive based on your earnings history.

Follow these steps to get started

Ask your spouse to create or open their my Social Security account, go to the ‘Plan for Retirement’ section, and note their retirement benefit estimate at their full retirement age or Primary Insurance Amount (PIA).

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