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Social Security Asks Banks to Encourage Online Accounts

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Summary

The Social Security Administration has released a new resource urging banks and financial institutions to encourage customers to open online "my Social Security" accounts. The online portal, created more than a decade ago, allows individuals to review their earnings history, report missing or incorrect earnings, and access spousal and survivor benefit estimates. SSA is asking banks to include account reminders in client interactions and share Social Security materials with customers and advisors. The agency emphasizes that account creation supports fraud prevention and identity protection.

“The new resource urges financial institutions to encourage customers to create accounts, to include account reminders in client interactions, and to share Social Security materials with customers and advisors.”

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GovPing monitors ABA Banking Journal Compliance for new banking & finance regulatory changes. Every update since tracking began is archived, classified, and available as free RSS or email alerts — 102 changes logged to date.

What changed

The Social Security Administration released a new resource on April 24, 2026, urging banks and other financial institutions to encourage customers to create online "my Social Security" accounts. The online portal allows individuals to review earnings history, report missing or incorrect earnings, and access spousal and survivor benefit estimates. SSA asks banks to include account reminders in client interactions and share SSA materials with customers and advisors, emphasizing fraud prevention and identity protection benefits.

Affected financial institutions should note this is an informational request from SSA, not a binding regulatory requirement. Banks and financial advisers may consider incorporating SSA account information into client communications if operationally aligned, but no compliance obligation is created by this resource.

Archived snapshot

Apr 25, 2026

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April 24, 2026 Reading Time: 1 min read The Social Security Administration has released a new resource to help banks and other financial institutions inform their customers about online “my Social Security” accounts.

The online portal was created more than a decade ago to provide self-service options to recipients. The accounts allow individuals to review their earnings history and report missing or incorrect earnings to Social Security, and access spousal and survivor benefit estimates, according to the SSA. Account creation also supports fraud prevention and identity protection.

The new resource urges financial institutions to encourage customers to create accounts, to include account reminders in client interactions, and to share Social Security materials with customers and advisors.

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Last updated

Classification

Agency
ABA
Published
April 24th, 2026
Instrument
Notice
Branch
Executive
Legal weight
Non-binding
Stage
Final
Change scope
Minor

Who this affects

Applies to
Banks Financial advisers
Industry sector
5221 Commercial Banking
Activity scope
Account promotion Consumer outreach
Geographic scope
United States US

Taxonomy

Primary area
Financial Services
Operational domain
Compliance
Topics
Banking Consumer Finance

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