Life is unpredictable, and everyone is susceptible to experiencing homelessness. It can happen to people in our community — colleagues, military veterans, close friends, and even family members — people who might be too proud to ask for help. Continue reading
This blog is a go-to source for Social Security news and resources. That’s why we named it Social Security Matters — it matters to everyone, even if you don’t think you directly benefit from Social Security benefits today.
The popularity of our blog has grown. We’d like to share some of our most popular posts with you so you can share what you’ve learned with your friends and loved ones. Here are five of our top posts. Continue reading
Whether it’s a morning ceremony or an evening gala, excitement’s in the air. It’s wedding season! A time when many couples officially tie the knot. Social Security is with you throughout life’s journey, we wouldn’t miss the chance to be there after your wedding. Continue reading
From learning to ride a bike, to helping me with my homework, to hooking the bait just right so I can catch the big fish, my dad taught me a lot.
That same joke Dad’s been telling for 40 years may get old, but for the most part, dads are pretty cool, huh? Continue reading
Father’s Day is a perfect time for focusing on health education and awareness, disease prevention, and family. Social Security encourages you to support fathers and friends everywhere in their efforts to stay healthy. The right balance of diet, exercise, regular visits to doctors and health care providers, and overall healthy living can go a long way to help everyone remain a part of your daily life for years to come. Continue reading
March is Women’s History Month — a time to focus not just on the past, but on the challenges women continue to face. Nearly 60 percent of the people receiving Social Security benefits are women, and in the 21st century, more women work, pay Social Security taxes, and earn credit toward monthly retirement income than at any other time in our nation’s history. Knowing this, you can be the author of your own rich and independent history, with a little preparation. Continue reading
Saving for the future is a vital part of ensuring a secure retirement. American Savings Education Council and America Saves coordinate the annual America Saves Week. Started in 2007, the week is an annual opportunity for organizations to promote good savings behavior and a chance for individuals to assess their own saving status. Continue reading
On January 23, I became the acting commissioner of Social Security. That makes me responsible for overseeing one of the nation’s largest and most important social insurance programs, providing retirement, survivors, and disability protection to almost all Americans. With a $12 billion budget and almost 64,000 employees serving in more than 1,500 offices across the country and around the world, plus 16,000 state employees making disability determinations, we issue more than $960 billion in payments to nearly 66 million people each year. I am humbled to lead an agency with a legacy and continuing mission that helps so many people. Continue reading
January 16 was Martin Luther King, Jr. Day — a national holiday and a day of remembrance. Martin Luther King, Jr. dedicated his life to creating and fostering equal rights for African Americans, and he died during his efforts to make his dream a reality.
Many people commemorate this holiday by serving their community and giving to others who may be less fortunate. In many ways, this is what Social Security does every day, all year long. Continue reading
It’s 2017, and that means you might be one more year closer to retirement. Whether you’re at your very first job or wrapping up a successful career, there are always new things to learn about when it comes to saving for the future. So why not make retirement planning part of your New Year’s resolution!
Putting money in a high yield savings account (if you can find one) is always smart, but you can do even more. The U.S. Department of the Treasury now offers a retirement savings option called myRA. There’s no minimum to open the account, you can contribute what you can afford, and you can withdraw funds with ease. To learn more about myRA, visit www.myra.gov/.
Hopefully, your employer chips in a little. An employer-sponsored retirement plan or 401(k) can be a useful way to set aside funds for retirement, especially if your employer offers matching funds on what you invest. If you don’t work for an employer that offers this type of plan, there are many other plans designed to help you save for retirement.
From solo 401(k)s to traditional and Roth IRAs, there are programs designed to fit a multitude of budgets. The earlier you start to save, the more funds you’ll have ready for retirement.
And, as always, there is Social Security, which is funded by taxes you pay while you work. To get estimates of future benefits and check your earnings record for accuracy, you can create a my Social Security account at www.socialsecurity.gov/myaccount.
Along with giving up bad habits, this New Year start a good habit that can make a lasting, positive change.