Your Estimated Benets
*Retirement You have earned enough credits to qualify for benets. At your current earnings rate, if you
continue working until…
your full retirement age (67 years), your payment would be about ........................................................$ 2,042 a month
age 70, your payment would be about ....................................................................................................$ 2,546 a month
age 62, your payment would be about ....................................................................................................$ 1,406 a month
*Disability You have earned enough credits to qualify for benets. If you became disabled right now,
your payment would be about .................................................................................................................$ 1,841 a month
*Family If you get retirement or disability benets, your spouse and children also may qualify for benets.
*Survivors You have earned enough credits for your family to receive survivors benets. If you die this
year, certain members of your family may qualify for the following benets:
You r ch i ld ................................................................................................................................................$ 1,421 a month
Your spouse who is caring for your child ...............................................................................................$ 1,421 a month
Your spouse, if benets start at full retirement age................................................................................$ 1,895 a month
Total family benets cannot be more than .............................................................................................$ 3,522 a month
Your spouse or minor child may be eligible for a special one-time death benet of $255.
Medicare You have enough credits to qualify for Medicare at age 65. Even if you do not retire at age 65, be
sure to contact Social Security three months before your 65th birthday to enroll in Medicare.
* Your estimated benets are based on current law. Congress has made changes to the law in the
past and can do so at any time. The law governing benet amounts may change because, by 2035,
the payroll taxes collected will be enough to pay only about 80 percent of scheduled benets.
We based your benet estimates on these facts:
Your date of birth (please verify your name on page 1 and this date of birth) ...................................... April 5, 1981
Your estimated taxable earnings per year after 2018 ............................................................................. $55,492
Your Social Security number (only the last four digits are shown to help prevent identity theft) ......... XXX-XX-1234
How Your Benets Are Estimated
To qualify for benets, you earn “credits” through your work —
up to four each year. This year, for example, you earn one credit
for each $1,470 of wages or self-employment income. When
you’ve earned $5,880, you’ve earned your four credits for the year.
Most people need 40 credits, earned over their working lifetime,
to receive retirement benets. For disability and survivors benets,
young people need fewer credits to be eligible.
We checked your records to see whether you have earned
enough credits to qualify for benets. If you haven’t earned
enough yet to qualify for any type of benet, we can’t give you
a benet estimate now. If you continue to work, we’ll give you
an estimate when you do qualify.
What we assumed — If you have enough work credits, we
estimated your benet amounts using your average earnings
over your working lifetime. For 2021 and later (up to retirement
age), we assumed you’ll continue to work and make about the
same as you did in 2019 or 2020. We also included credits we
assumed you earned last year and this year.
Generally, the older you are and the closer you are to
retirement, the more accurate the retirement estimates will be
because they are based on a longer work history with fewer
uncertainties such as earnings uctuations and future law
changes. We encourage you to use our online Retirement
Estimator at www.socialsecurity.gov/estimator to obtain
immediate and personalized benet estimates.
We can’t provide your actual benet amount until you apply
for benets. And that amount may dier from the estimates
stated above because:
(1) Your earnings may increase or decrease in the future.
(2) After you start receiving benets, they will be adjusted
for cost-of-living increases.
(3) Your estimated benets are based on current law. The law
governing benet amounts may change.
(4) Your benet amount may be aected by military service,
railroad employment or pensions earned through
work on which you did not pay Social Security tax.
Visit www.socialsecurity.gov to learn more.
Windfall Elimination Provision (WEP) — In the future,
if you receive a pension from employment in which you do
not pay Social Security taxes, such as some federal, state
or local government work, some nonprot organizations or
foreign employment, and you also qualify for your own Social
Security retirement or disability benet, your Social Security
benet may be reduced, but not eliminated, by WEP. The
amount of the reduction, if any, depends on your earnings and
number of years in jobs in which you paid Social Security
taxes, and the year you are age 62 or become disabled. For
more information, please see Windfall Elimination Provision
(Publication No. 05-10045) at www.socialsecurity.gov/WEP.
Government Pension Oset (GPO) — If you receive a
pension based on federal, state or local government work in
which you did not pay Social Security taxes and you qualify,
now or in the future, for Social Security benets as a current or
former spouse, widow or widower, you are likely to be aected
by GPO. If GPO applies, your Social Security benet will be
reduced by an amount equal to two-thirds of your government
pension, and could be reduced to zero. Even if your benet
is reduced to zero, you will be eligible for Medicare at
age 65 on your spouse’s record. To learn more, please see
Government Pension Oset (Publication No. 05-10007) at
www.socialsecurity.gov/GPO.
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