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• As of August 4, the Social Security Administration will provide more detailed information upon request to workers regarding their earnings and future benefits. Workers filing a Form 7004 with the Social Security Administration will receive (within two to three weeks) a "Personal Earnings and Benefit Estimate Statement," which contains a year-by-year breakdown of earnings after 1950 and an estimate of future benefits based on anticipated retirement dates and inflation. A Form 7004 can be obtained from any social security office, or by calling the social security forms hotline at 1-800-937-2000. The new statements will assist workers in planning for retirement by disclosing anticipated retirement benefits. This information, and the year-by-year breakdown in earnings subject to social security taxes, was not provided under the old forms. This subject will be the focus of a ...

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  • September 1, 1988

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