Understanding the SSA

Your Lifelong Financial Partner

The Social Security Administration (SSA) is not just where you get your card; it's a lifelong agency you'll interact with.

Your SSA Account

Once you have your SSN, you should create an account online. This allows you to:

• Verify your yearly earnings (important for future retirement benefits).
• Update your contact info.
• Get estimates for retirement or disability benefits.

Crucial Note: Errors in your reported income can take years to fix, so check your statement once a year after you file your taxes.

Credits Needed for Retirement: You need 40 credits (typically earned over 10 years of work) to qualify for retirement benefits. You can earn up to 4 credits per year, and each credit requires a set amount of earnings that adjusts annually.