11111111111111111111111111111111111111 III 111111111111111111111111111 1111111111 1111111

11111111111111111111111111111111111111 III 111111111111111111111111111 1111111111 1111111 I a Your payment would be about $2,639 a month at full retirement age 000004417 2".. 9000 ION 4413 I AV 0.31$ JEFFREY B. EPSTEIN '• 6100 RED11OOK QTR APT NO 133 ST THOMAS VI 00802 October 08, 2014 Your Social Security Statement Are you thinking about retirement? Are you ready for retirement? We have tools that can help you! • Estimate your future retirement benefits at www.socialsecurity.goulestimator • Apply for retirement, spouse's, Medicare or disability benefits at www.socialsecurity.goulapplyforbenetits • And once you receive benefits, manage your benefits at www.socialsecurity.goulniyaccount Your Social Security Statement tells you about how much you or your family would receive • in disability, survivor or retirement benefits. It also includes our record of your lifetime earnings. Check out your earnings history, and let us know right away if you find an error. This is important because we base your benefits on our record of your lifetime earnings. Social Security benefits are not intended to be • your only source of income when you retire. On average, Social Security will replace about a 2 8 To view your Social Security Statement online anytime create a my Social Security account today! 40 percent of your annual preretirement earnings. You will need other savings, investments, pensions or retirement accounts to live comfortably when you retire. To view your Statement online anytime, create a my Social Security account at www.socialsecurity.goulmyaccount. Carolyn W. Colvin Acting Commissioner Follow the Social Security Administration at these social media sites. You Tube ME EFTA01201628 Your Estimated Benefits casts You have caned enough credits to qualify for benefit.. At your 0092,99t thaing• rata, if you thealthe working until... year Tall retirement ago year•), Year payment mould be *heat age 70, your paynent would be about I 2,636 a month # 3,509 a month age 02, your payment would be about 1,f06 a .oath Disability Yoe have •Areed &month credit. to quality for benefits. IC yea beano disabled right now your payment would be about $ 2,310 a month °Family If you get retirement or disability benefit., your apose• or children say also quality for benefits. ° Survivors Yon have tinned thank create for your fatly to receive rervivors benefit.. If you di. Gigs year, carotin members of your fully .ay qualify for the following benefits. Your child $ 1,520 a month Your @poen who is oaring for your child $ 1,931 a month Your spouse, if benefits start at full retirement ago $ 2,566 a month Total fully benefits cannot be more Muth $ 6,053 a month Your spouse or minor child may be eligible for a special onetime death benefit of 2235. Medicare Yoe have earned O credits to quality for Medicare at age is. [van if you do sot retire at age 65, be ecru to contact Social security three month. before your 65th birthday to enroll in Medicare. *your •stin•ted benefits are Mimed on current law. Congress has made changes to the law in the past and can do so at any tine. The law governing benefit amounts may change because, by 20 3 3, the payroll taxes collected will be enough to pay only about 77 percent of scheduled benefits. We based your benefit estimates on these facts: Your data of birth (pleas* verify your name on page 1 and this data of birth) January 20, 1953 Your •thisatad taxable earnings per year after 2016 Over $117,190 Your Ooeial security number (only the last Roth digits are shown to kelp prevent Identity theft) )20t•YJC•3346 How Your Benefits Are Estimated ppoilify for benefits, you earn 'credits" through your work — up to four each year. This year, fur example, you enni 0119 credit for each 61,200 of wages or sellemployment income. When you've earned 64.800, you've earned your four credits for the year. Most people need 40 credits, earned over their working lifetime. to receive retirement benefits. For disability rdei minimum benefit", young people used fewer credits to be eligible. We checked your records to see whether you hove earned enough credits to qualify fur benefits. If you haven't earned en yet to modify for any type of beimat, we can't give you a benefit estimate now. If you continue to work, well give you, en estimate when you do qualify. What we assumed — If you have enough work credits, we unlimited your benefit mounts using your menage earnings over your working lifetime. For 2014 and later (up to retirement age), we assumed you'll continue to work nod make about the scone as you did in 2012 or 2013. We also included credits we :monied you earned lost year and this year. Generally, the older you are and the closer you are to retirement, the more accurate the retirement estimates will be because they are based w a longer work history with fewer micertamties sud, as earnings fluctuation end future law clump" We enrourege you to use our online Retirement Estimator at wanattecialsecuritspolestintator to obtain immediaa and ponconalind benefit estimates. We can't provide your actual benefit amount until you supply for benefits. And that amount may differ from the estimates stated above because: (1) Y • mumbles maw increase or decrease in dm future. (2) After you start receiving benefits, they will be adOoded for contoflivilig MI:moths. (31 Your maimed's' benefits are based on corned law. The law governing benefit amounts may change. (4) Your hentifit emoted rimy be effected by military service, railroad employment or pensions earned through work on which you did not pay Social Security tax. Visit unow.socialsecarity.goolmyaccount to IPIII11 more. Windfall elimination Provision (WEP) — In the future, if you receive n musket from employment in which you do nut pay Social Security taxes, such as erne federal, state or local government work, some nollProfit or foreign employment, ad you also qualify for your own Social Stinted!? retirement or disebility benefit. Your Social Security benefit may be reduced, but not eliminated, by WEE. The mowed of the reduction, if any, depends on your emoings end mimber of .cmus in jobs in width you prod Social Security taxes, nod the yens you are age 624n become disabled. For inure inform/tom please see IVmdfall Elimination Provision (Publication No. 05.100451 at trunv.socialsanwity.gavlIVEY. Government Pension Offset (GPO) — If you receive a pension based on federal, state or local govenunent work in whiCh you did not pay Social Security taxes and you qualify, now or in the future, for Social Security benefits us a current or romp°. widow or widower, you ore to be affected by GPO. If GPO applies, your Social Security benefit will he redummil by an /IIII0IIIII opt& to two-thirds of your governMent pension, mid amid be reduced to taro. Even if your benefit ix radium] to Faro, vat will be eligible for Medicare at age 65 on your spouse's record. To learn more, please see Gooernmrnt Pension OfThet (Publication No. 0610037) at touno.socialsecuritsgovIGPO. 2 ICI EFTA01201629 1O11111111N 11111 111111111111111 11111 III 1111111 11111111 1111111 lull 11111 11111 111111 I Your Earnings Record Your Taxed Years You Social Security Worked Earnings Your Taxed Medicare lean You Earnings Worked Your Taxed Social Security Earnings Your Taxed Medicare Earnings 1968 $ 94 $ 94 1990 $ 51,300 $ 51,300 1969 39 39 1991 53,400 125,000 1992 55,500 130,200 1970 0 0 1993 57,600 135,000 1971 0 0 1994 60,600 2,014,839 1972 256 256 1995 61,200 153,564 1973 SO 50 1996 62,700 150,754 1974 4,000 4,000 1997 65,400 150,754 1975 10,200 10,200 1998 68,400 151,287 1976 15,300 15,300 1999 72,600 180,000 1977 16,500 16,500 1978 17,700 17,70 2000 76,200 240,666 1979 22,900 22,90 2001 80,400 240,666 2002 84,900 240,756 1980 25,900 25,90 2003 87,000 241,021 1981 29,700 29,70 2004 87,900 241,021 1982 0 2005 90,000 241,021 1983 0 2006 94,200 241,021 1984 0 2007 97,500 180,785 1985 0 2008 0 0 1986 0 2009 0 0 1987 43,800 43,80 1988 45,000 45,00 2010 106,800 190,980 1989 48,000 48,00 2011 106,800 190,980 2012 110,100 190,301 2013 113,700 186,345 Total Social Security and Medicare taxes paid over your working career through the last year reported on the chart above: taxes paid for Social Security: You paid: Your employers pet': Estimated taxes paid for Medicare: 8122,977 You paid: $121,317 Your employers paid: $89,479 587,275 Note: Currently, you and your employer each pay a 6.2 percent Social Security tax on up to $117,000 of your earnings and a 1.46• percent Medicate tax on all your earnings. If you are self-employed, you pay the combined employee and employer amount, which is a 12.4 percent Social Security tax on up to $117,000 of your net earning, and a 2.r percent Medicare tax on your entire net earnings. •I/ you have earned Income of more then $900,00,(1250,000for monied couples Mtn jointly), you must pay 0.9 percent snare In Medicare • Inn. Help Us Keep Your Earnings Record Accurate You, your employer and Social Security share responsibility (or the accuracy of your earnings record. Since you began working, we recorded your reported earnings under your name and Social Security number. We have updated your record each time your employer (or you, if you're sell employed) reported your earnings. re Itentember, it's your earnings, not the amount or taxes coo paid or the number of credits you've earned, that ileterMMe your benefit amount. When we figure that amount, we base it on your average earnings over your lifetime. If our records are wrong, you may not receive ail the benefits to which you're entitled. Review this chart carefully using your own records to make sure our information is correct and that we've recorded each year you worked. You're the only person who can look et the earnings chart veld know whether it is complete and correct. Some or all of your earnings from last year may not be shown on your Stolen:era It could be that we still were 3 processing lest year's earnings reports when your Statement was prepared. Your complete earnings for last year will be shown on next year's Statement. Note: If you worked for more than one employer during any year, or if you had both earnings end self-employment income, we combined your earnings for the year. There's a limit on the amount of awnings on which you pay Social Security taxes each year. The limit increases yearly. Earnings above the limit will not appear on your earnings chart as Social Security earnings. (For Mediocre taxes, the maximum earnings mount began rising in 1991. Since 1704, all of your earnings are taxed for Medicare) Call us right away at 1-800-7761213 (7 ant. • 7 p.m. your local time, TrY 1.000325.0718) if any earning: for years before last year are shown incorrectly. Please have your W2 or tax return for those years available. (If you live outside the U.S, follow the directions et the bottom of page 44 EFTA01201630 Some Facts About Social Security About Social Security and Medicare... &Mild Security pays retireninnt disnbility, family end survivors benefits. Medicare, a separate progrem run by the Centers for Medicare & Medicaid Service; helps pus for inpidient hospital care, outing care, doctors' fees, drugs. mod other medical services mid supplies to people age 65 and older, as well as to people who have been reviving Sociel Security disnbility benefits for two years or more. four Social Security covered earnings qualify you for both programs. Medicare does not pay for long-term clue, so you want to consider options for private insurance. For more infinetiation about Medicare, visit www.medicare.goo or call 14300-633-4227 ern 14377-488-20H if you tue deaf or hard of Imaring). Retirement — If you were born before 1938, your full retinitimit age is 85. Because of a 19,43 change in the law, the full retirement ago will increase gradually to 67 for people horn in 1900 soul later. Sonia people retire before their full retirement age. You can retire lei early MI 62 and take benefits 4 a reduced rats. If you work after your full retirement age, you can receive higher benefits because of additional earnings and credits (or delayed retinment. Disability — If ymi become disabled before full retirement ice, you an receive disability benefits after six months if you have: — enough credits from earnings (depending on your age, you must have earned six to 20 of your credits in the three to 10 yews before you became disabled); and — ta physical or mental impnirment that's expected to prevent von (rum doing *substantite work for a year or more or imult in death. If von lire filing for disability benefits, please let us kiitie if you are on ortive military duty or err n recently discharged veteran, so that we can handle your claim moor quickly. Family — If you're eligible for disability or retirement benefits, your current or divorced spouse, minor children or adult children disabled before age 22 also may receive benefits. Knob may qualify for up to about 50 percent of your benefit mom.. Survivors — When you die, certain members of your needy may be eligible for benefits: — your sparse age 60 or older (50 or older if disabled, or any age if caring for your children younger than age 16); and — tour children if unmarried and younger than age IN, still in school and younger than 19 years old, or adult children (healed Infore age 22. If vac are divorced, your ex-spouse could he eligible for a widow's or widower's benefit on your record when you die. Extra Help with Medicare — If you know someone who is on Medicare and his limited resources and income, Extra lisle is available for prescription drug costs. The Extra 11011, can help pay the monthly premiums, annual deductibles and Ken:notion co.paymonto. To lawn more or to ripply, visit www.sociatsecurity.goo or call 14300-772-1213 (IVY 1-803-325-0771). Receive benefits and still work... You can work and still get retirement or survivors benefits. If you're youngur then your full retirement age, there are limits on how much you can earn without affecting your benefit amount. When you apply for bandits, well tell you what the limits are and whether work would affect your monthly benefits. When you reach full retirement age, the earnings limits no hanger apply. nature you deckle to retire... Carefully consider the advnotogn and disadvanteges of early retirement. If you douse to receive benefits before you reach full retirement age, your monthly benefits will be reduced. To help you decide the best time to retire, we offer a free publication, When To Start Recoiling Retirement Benefits (Publication No. 0540147), slut identifies the many factors you should consider before applying. Most people can receive an estimate of their benefit based on their actual Social Security earnings record by going to www.socialsecurity.gool estimator. You also can calculate future retirement benefits by using the Social Security Benefit Calculators at unow.socialsecurity.gou. Other helpful free publications include: — Retirement Benefits (No. 0540035) — Understanding The Benefits (No. 05-10024) — Your Retirement Benefit Bow It Is Figured (No. 0540070) — Windfall Elimination Provision (No. 0640045) — Government Pension Offset (No. 0640007) — Identity Theft And Your Social Security Number (No. 0510004) We also have other leaflet. end feat sheets with information about specific topics such as military service, sellempluyinent or foreign employment You can region Social Security publications at our website, uew.sodaleireurity.gou, or by calling us at 1-800.772-1213 (TY 1400-335-07713). Our website has a list of frequently asked questions that may answer questions you here. We have easy-to-use online applications for benefits that can save you a telephone call or a trip to a field office. You also may qualify for government benefits outside of Social Security. Fur more infonnation on these benefits, visit umnsanniefittgvv. If you need more information — Visit towto.sorialsecurity.gov on the Internet, contact any Social Security office. call 14300-772-1213 or write to Social Security Administration, Office of Rieslings Operations, P.O. Box S3026, Baltimore, MI) 21290-3026. If you're deaf or hard of hearing, call TIT 1-800-326-0776. If you have questions about your personal information, tau mist provide your complete Social Security number. If your address is incorrect on this Statement, ask the IRS to send %MI ii Form 1422. We don't keep your address if you're not receiving Social Security benefits. twin 145.1.70164M-SI trill EFTA01201631 IIII IIII 11111 HUI IIIIII HIE 11111 Hill III IIIIIII IIIIIIIIIIIIIII IIIII IIIIIIII11 Mill I I S E ,A, Sc.& LOW USA 64 1111111 ISTIk Thinking of retiring? www.socialsecurity.gov Some things to consider R etirement can have more than one moaning these days. It can mean that you have applied for Social Security retirement benefits or that you are no longer working. Or it can mean that you have chosen to receive Social Security while still working, either full or part-time. All of these choices are available to you. Your retirement decisions can have very real effects on your ability to maintain a comfortable retirement. If you retire early, you may not have enough income to enjoy the years ahead of you. Likewise, if you retire late, you'll have a larger income, but fewer years to enjoy it. Everyone needs to try to find the right balance, based on his or her own circumstances. We hope the following information will help you as you plan for your future retirement and consider your retirement options. What is the best option for you? Everyone's situation is different. That is why Social Security has created several retirement planners to help you decide what would be best for you and your family. Social Security has an online calculator that can provide immediate and accurate retirement benefit estimates to help you plan for your retirement. The online Retirement Estimator is a convenient, secure, and quick financial planning tool. It uses your own earnings record information, thereby eliminating any need to manually key in years of earnings information. The estimator also will let you create 'what if' scenarios. You can, for example, change your "stop work" date or expected future earnings to create and compare different retirement options. To use the Retirement Estimator, go to our website at www.socialsecurity.goulestinzator. Monthly benefit amount 0 Monthly benefit amounts differ based on the age you decide to start receiving benefits This example assumes a benefit of $1,000 at a full retirement age of 66 760 6800 $ $1,160 1,240 $1,080 two .416 $933 I II 70 62 63 64 65 66 67 68 69 Age you shone lo elan receiving benefits $1320 It's so easy to apply online for benefits The easiest way to apply for Social Security retirement benefits is to go online at www.socialseeztrily.goul applyforbenelfts. If you do not have access to the Internet, you can call 1-800-772-1213 CITY number, 1-800.825.0778) between 7 am. and 7 p.m., Monday through Friday, to apply by phone. You also can apply at any Social Security office. To avoid having to wait, cull first to mako an appointment. There is one more thing you should remember as you crunch the numbers for your retirement. You may need your income to bo sufficient for a long time, because people are living longer than ever before, and generally, women tend to live longer than mon. For example: • The typical 65-year.old today will live to ago 83; • One in four 65-year-olds will live to age 90; and • One in ten 65-year-olds will live to age 95. Once you decide on the best age for you to actually retire, remember to complete your application three months before the month in which you want retirement benefits to begin. Don't forget Medicare Even if you don't plan to receive monthly benefits, you should sign up for Medicare three months before reaching age 65. Otherwise, your Medicare medical insurance, as well as prescription drug coverage, could be delayed and you could be charged higher premiums. You even can apply online. Visit www.socialsentrity.govl medieareonly for more information about Medicare eligibility and filing online. Also ask for Apply Online For Medicare Even — lf You Are Not Ready To Retire (Publication No. 05.10530). EFTA01201632 Receiving benefits while you work When you reach your full retirement age, you can work and earn us much as you want and still receive your full Social Security benefit payment. If you are younger than full retirement age and if your earnings exceed certain dollar amounts, some of your benefit payments during the year will be withheld. This does not mean you must uv to limit your earnings. If we withhold sonic of your benefits because you continue to work, wo will pay you a higher monthly benefit amount when you reach your full retirement age. In other words, if you would like to work and earn more than the exempt amount, you should know that it will not, on average, reduce the total value of lifetime benefits you receive from Social Security—and may actually increase them. Here is how this works: after you reach full retirement age. WO will recalculate your benefit amount to give you credit for any months in which you did not receive some benefit because of your earnings. In addition, as long as you continue to work, we will check your record every year to see whether the additional earnings will increase your monthly benefit. Many people can continue to work and still receive retirement benefits. If you want more information on how earnings affect your retirement benefits. ask for How Worh Affects Your Benefits (Publication No. 05-10069). which has current annual and monthly earnings limits, and is available on our website. Retirement age considerations Full retirement age For persons born during the years 1943-1954, the full retirement age is 66. If you were not born in this period, you can find your full retirement age on page 2 of your Social Security Statement. Retiring early If you've earned 40 credits (credits are explained on page 2 of your Statement), you can start receiving Social Security benefits ut 62 or at any month between 62 and full retirement age. However, your benefits will be reduced based on the number of months you receive benefits before you reach full retirement age. If your full retirement age is 66, benefits will be reduced: 25 percent at age 62; 20 percent at age 63; 13 tiipercent at age 64; or 62/i percent at age 65. Delaying retirement You may decide to wait beyond your full retirement age before choosing to receive benefits. If so, your benefit will be increased by a certain percentage for each month you don't receive benefits between your full retirement age and age 70. This table shows the rate yotw benefits increase if you delay retiring. Yearof birth Yearlv intreme nap 1941 — 1942 7.5% 1943 or later 8.0% Rules that may affect your survivor If you are married and die before your spouse, he or she may be eligible for a benefit based on your work record. If you start benefits before your full retirement age we cannot pay your surviving spouse a full benefit from your record. Also. if you wait until after your full retirement age to begin benefits, the surviving spouse benefits based on your record will be higher. Need more information? You can fed answers to frequently asked questions about Social Security, learn about factors that could affect your benefits, and much more by visiting Social Security online at uow.eocialsecurity.goo. If you do not have access to the Internet, you can get information about Social Security by calling 1400-772-1213 fITY 1-300-326-0778 for the deaf or hard of hearing) or by visiting a local Social Security office. Other useful websites www.mymoney.gov This website contains calculators for financial planning and information on meney-related matters, such as retirement planning and starting a small business. www.dol.govlebsalpdr nearretirement.pdf Have you determined how much money you will need in retirement? There are many tools available to help you. such as the Taking the Mystery Out of Retirement Planning Workbook available at this link. www.see.govlinvestorl aeniors.shtml Are you looking for information about the investment options available to you as you enter retirement? The Securities and Exchange Commission has a wealth of information on different investment products and topics available at this website. www.usa.govItopical seniors.shbni This website has a variety of resources for seniors on topics including retirement planning, housing, and health. Social Security Administration SSA Publication No. 0.540054 SPIIIpmber 2014 Westroy prior editions) EFTA01201633