The Social Security Administration said, it will no longer mail statements to workers until they reach age 60, with annual paper statements thereafter. The statements give you a monthly benefits estimate, calculated as if you’ll continue to earn last year’s salary until about retirement. It estimates this figure for three starting dates: your full retirement age, age 62 and age 70. Waiting until age 70 qualifies recipients to receive delayed retirement credits, or a greater monthly check.
Those with an online account at http://www.ssa.gov/myaccount will not get a paper statement.