6 Reasons You’re Getting a Smaller Social Security Check | Social Security


Checking your Social Security benefit statement annually is a smart financial move. It allows you to verify the accuracy of your recorded earnings, ensuring that your contributions to the Social Security system are reflected correctly. Reviewing your statement also provides a clear snapshot of your estimated future benefits, helping you to better plan for retirement.

Be aware that your actual benefit may be less than what your statement shows. Here are some reasons why that can happen.

  • You claimed your benefit early.
  • Your earnings changed.
  • Medicare Part B premiums withheld.
  • Medicare Part D premium increase.
  • Tax withholding.
  • Working after starting benefits.

The Social Security Administration began phasing out mailed benefit statements in 2017. If you haven’t started claiming Social Security, consider creating a my Social Security account to download your statement.


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