Workers should check their Statement at least once a year for accuracy. People age 60 or older who do not receive benefits and do not have a my Social Security account will receive their Statement by mail three months before their birthday. citizens age 18 or older can easily view their redesigned Social Security Statement online by creating a my Social Security account. Examples of the new Statement and fact sheets are available at More than 61 million people have already created my Social Security accounts. It also includes important information people have come to expect from the Statement, such as how much a worker and family members could expect to receive in Social Security benefits and a personalized earnings history, in a clear, concise manner. The new Statement is shorter, uses visuals and plain language, and includes fact sheets tailored to a person’s age and earnings history. The agency conducted extensive research, review, and testing to make the updated Statement easy to understand. “The streamlined Social Security Statement contains clear messaging and makes it easier to find information at a glance, helping to simplify our complex programs for the public.” “One of my top priorities is to provide information to people in clear and plain terms about Social Security’s programs and services,” said Acting Commissioner Kijakazi. This fresh look will allow millions of people to see their earnings information and estimates of future benefits quickly and securely. The Statement is one of the most effective tools people can use to learn about their earnings and future Social Security benefits. Kilolo Kijakazi, Acting Commissioner of Social Security, today introduced a new look and feel to the Social Security Statement, available online through the my Social Security portal at and by mail. To get more Social Security news, follow the Press Office on Twitter Release SOCIAL SECURITY Social Security Announces Redesigned Statement - Now Available with a my Social Security Account To read more, please visit NOTE TO CORRESPONDENTS: Here is a fact sheet showing the effect of the various automatic adjustments. The Social Security Act provides for how the COLA is calculated. Final 2022 benefit amounts will be communicated to beneficiaries in December through the mailed COLA notice and my Social Security's Message Center. People may create or access their my Social Security account online at Information about Medicare changes for 2022, when announced, will be available at For Social Security beneficiaries receiving Medicare, Social Security will not be able to compute their new benefit amount until after the Medicare premium amounts for 2022 are announced. Most people who receive Social Security payments will be able to view their COLA notice online through their personal my Social Security account. Social Security and SSI beneficiaries are normally notified by mail starting in early December about their new benefit amount. Based on that increase, the maximum amount of earnings subject to the Social Security tax (taxable maximum) will increase to $147,000 from $142,800. Some other adjustments that take effect in January of each year are based on the increase in average wages. The Social Security Act ties the annual COLA to the increase in the Consumer Price Index as determined by the Department of Labor’s Bureau of Labor Statistics. (Note: some people receive both Social Security and SSI benefits). Increased payments to approximately 8 million SSI beneficiaries will begin on December 30, 2021. The 5.9 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 64 million Social Security beneficiaries in January 2022. Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 5.9 percent in 2022, the Social Security Administration announced today. News Release SOCIAL SECURITY Social Security Announces 5.9 Percent Benefit Increase for 2022
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