When Wall Street Journal columnist Tom Herman reported on the topic and consulted Social Security Advisors about errors on Social Security statements,www.FreeEarningsCheck.com (http://www.freeearningscheck.com/)
“Millions of Americans have errors in their Social Security earnings record and don’t even realize it. These errors lower their Social Security benefits and can add up to substantial losses over one’s lifetime,” Matthew Allen, Co-Founder & Co-CEO of Social Security Advisors explains. “Identifying and correcting these errors is a critical first step towards maximizing Social Security benefits. With over 70% of baby boomers leaving money on the table due to insufficient knowledge about Social Security we understand the public need for better Social Security advice and tools and the launch of www.FreeEarningsCheck.com is another leading step that we’re taking in that direction,” notes Allen.
Social Security benefits are based on the highest 35 years of earnings of a worker and if errors are detected, a worker has 3 years, 3 months, and 15 days following the end of the calendar year in which the income was earned to correct his or her earnings record with the Social Security Administration. If the worker successfully reports the earnings correction within this timeframe, he or she will get credit towards future Social Security benefits. If the correction goes unreported or the timeframe has elapsed, the worker will not accumulate any Social Security credits for that time period in question. These uncorrected errors result in losses for the worker in most cases in the form of lower Social Security benefits.
“With only a few pieces information, we are able to tell you whether there are errors in your Social Security earnings record and how to correct them,” states Catherine Azmoodeh, Co-Founder and Co-CEO of Social Security Advisors.“The lack of Social Security understanding deters baby boomers from recognizing the available options that can help them maximize their benefits. Accurate earnings records are especially important for married couples because of how spousal benefits work,” Azmoodeh further explains.
Powered by Social Security Advisors,www.FreeEarningsCheck.com, is a free website and service that helps baby boomers check for errors in their Social Security earnings record and then helps correct these errors, helping ensure that they receive the largest Social Security benefit that they are entitled to.
About Social Security Advisors
Social Security Advisors is an innovative financial and technology company with a single mission: to help its clients maximize their social security benefits.
Social Security Advisors leverages expert knowledge to increase clients’ Social Security benefits and simplify the complex choices that retirees face. The company delivers customized Social Security advice through our online software at http://www.socialsecurityadvisors.com and through our highly-trained team of Social Security specialists. Clients receive a Maximum Social Security Strategy customized exclusively for them that explains exactly when and how to file for Social Security to maximize their benefits, plus expert advice and recommendations from their dedicated Social Security Advisor.
For our Press and Media Kit, please visit http://socialsecurityadvisors.com/
To learn more about us, please contact
Catherine Azmoodeh, Co-Founder & Co-CEO
244 Madison Avenue, Suite 800
New York, NY 10016
Office: (877)-629-6923 x8
Mobile: (212) 363-5979