Tag Archives: Paper Social Security Statement

Clients/Clients Only – No action letters coming to your mailbox – Electronic to paper statement update …

Hello and happy Friday from a far…. The family, friends and pets are still in a cooler climate for one more week!

No Action Letters Coming Your Way

If you have not already received some sort of “No Action“ letter in the mail, be prepared because you most likely will.

Photo by Kate Macate on Unsplash

We do not have any control of these documents….. There is a lot going on with this so we expect continued notifications and apologize in advance for any confusion….

As a regular practice and part of the pending merger that will happen late next year, most all of us will receive some sort of documentation confirming various items such as addresses account numbers SLOA’s (standard standing letters of authorizations.)

Please review these documents at your convenience and let us know if you see anything that needs to be corrected, deleted, or updated. In almost all cases we find that there is no action needed.  But if there is…. The easiest way to “Fix” anything is a joint call with our back office support team…. Lot’s of paperwork is included in some of the letters, but again, a quick call is MUCH easier!

Apologies for the confusion but truly better safe over sorry for our collective safety….

Automatic Electronic to Paper Statement transfers

As mentioned a while back here, with over 95% of you receiving electronic statements a technology upgrade again linked to the pending merger has automatically transferred some of us from electronic to paper statements.

We reached out to many of you, but as technology goes, it’s likely a few slipped through the cracks… Not to worry, we have an easy email template of instructions to correct … thanks Jen!

In the next week we will get a list of those few that were transferred to paper and will be reaching out to each of you with an easy less than one minute fix!

We think/hope this is a very small group as we know the vast majority of you hate paper statements and we will correct it quickly.

Happy Friday, Talk Next Week!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.



Why You Should Check Your Social Security Earnings Credits No Matter Your Age

While many may argue contrary to our fantastic Social Security speaker whom we have had twice now Mr. Tom Clark who assures us that Social Security will always be there, many do not believe this for various reasons. 

No matter your beliefs or age we highly encourage you to check your Social Security Statement and most importantly your Social Security Earnings Record.  

Earnings Benefit Credit Statement

Do not be concerned if just as this example, does not show your 2020 earnings posted as of yet there have been some delays and normally this is not posted at an early time in the year anyway . 

What we want to be concerned about is if there are gaps in our earnings history or a partial credit (change of employers) that should have been credited. there are many reasons that this can occur such as just a lost document in the Mail or an employer was bought out or closed and did not report your hard earned earnings period. 

How Do I Find This Statement? 

In 1999, the Social Security Administration mailed a paper copy to everyone every year. Budget cuts a dozen years later stopped this handy paper copy, leaving all of us to easily forget to double check our statement annually. 

For the record according to the Administration folks at age 60 are supposed to receive a paper copy, but our informal poll shows a low hit ratio. 

Not to worry, it is not that hard set up an account, ESPECIALLY if it is your first time. 

Go to www.ssa.gov and either log into your account or create an account and pull down your statement…

Oh, keep your credentials safe … lost mine and was a huge pain getting logged back into the site!

Have a Great “Social Security Earnings History Check Reminder” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.



Social Security Website and Recommended Review of Your Social Security Statement – Confirm those Credits

We wanted to give a shout out to the Social Security Website. Over the last few years we have continued to be impressed with their improvements.

Since we are here, it is a good time to remind everyone to go check your Social Security Records to make sure they have received proof of your income for the last few years. There is a 3 year window to get your credits added to your statement, otherwise they may be lost…

Social Security Web Page


Use this link to find out the maximum full retirement age benefit – $2788/Month

How about find how remarrying will affect your benefits? Here is the answer!

If I retire early, will my benefits be reduced ? Just need 40 Credits! Here is the link to the calculator page to get a more precise estimate.

All answers were found on the site above… Well done guys !

Have a Great “Social Security Handy Website” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.

Paper Social Security Statements are Back….Well sorta

Last year (2011), the US government, due to budgetary constraints did not send out the annual Social Security paper statement concerning tax payer credits, earnings history, and projections.  Click here for complete details of our prior article.

This year they have returned for some, and others electronically. By going to this Social Security site, you may create an account and receive an on-line version of your statement with your account information. In less than 5 minutes (being my own guinea pig) I was able to complete this process and download a pdf version of my 2011 statement for future reference.  We highly recommend you do this as a tax payer, as it is a good idea to review your credit history for errors due to the fact there is a time limit for having salary credited to your account.

For those age 60 or older who are not currently receiving Social Security benefits you are supposed to receive a paper statement until you commence benefits. On the other end of the scale, those newer workforce participants turning 25, will receive A (only one) paper benefit statement as well.

This from a Social Security press release earlier in 2012:

“In February 2012,  Social Security resumed mailing paper Statements to workers age 60 and older if they are not already receiving Social Security  benefits.  Later this year, the agency  plans to mail paper Statements to  workers in the year they reach age 25.”

The following is a bit of less than uplifting, but honest, language from page 1 of our statements:

“Without changes, in 2033 the Social Security Trust Fund will be able to pay only about 75 cents for each dollar of scheduled benefits.* We need to resolve these issues soon to make sure Social Security continues to provide a foundation of protection for future generations.”

While we all have our beliefs on when and how much benefits will be in the future, it is very important we confirm that we are being credited  for the amounts we pay in, no matter what the end result may be. Please take a few minutes to review the site and create your account for current and future review.

Have a Great Day and a Super Weekend!


214-706-4300     www.jkfinancialinc.com