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annual statements

Social Security Suspends Annual Statements

Effective April 1, 2011 the Social Security Administration has suspended annual statements to all workers. At present, this mailing cost the government $70 million dollars. SSA estimates they will save $30 million this year and $60 million dollars next year when they resume mailing, but only to those 60 years and older. An online Social Security benefits estimator is available as well other retirement planning information.