S.1505

Ensures Social Security beneficiaries receive regular paper statements from the Social Security Administration.

This bill mandates the Social Security Administration to mail paper statements to beneficiaries under specific conditions. Beneficiaries receive a statement when they enter the workforce or start a new job. Additionally, they must receive a paper statement at least every five years starting at age 25, every two years starting at age 55, and annually starting at age 60. The requirement applies regardless of whether the beneficiary has an online "my Social Security" account. Beneficiaries can opt out of receiving these statements.