Plan for Your Future During Financial Literacy Month
Reading Time: 1 MinuteLast Updated: November 2, 2023
Financial Literacy Month is focused on educating people about the importance of planning for a secure financial future. Every April, we like to remind you that Social Security is a vital part of any financial plan. We have online tools to help you understand your potential Social Security benefits and how they fit into your financial future.
You should periodically review your Social Security Statement using your personal my Social Security account. Your Statement is an easy-to-read summary of the estimated benefits you and your family could receive, including potential retirement, disability, and survivors benefits.
Our Plan for Retirement tool in your personal my Social Security account allows you to check various benefit estimate scenarios. You can compare the effect different future earnings and retirement benefit start dates have on your future benefit amount.
Please let friends and family know they can take steps to improve their financial knowledge by signing in to their secure my Social Security account. If they don’t have an account, they can easily create one.
We also encourage you to join us for our Financial Literacy Month Twitter chat on Friday, April 15, 2022 from 2 p.m. to 3 p.m. Eastern time. We’re co-hosting with America Saves to bring you tips for planning a secure financial future. Follow @SocialSecurity and @AmericaSaves on Twitter – and use #FinancialLiteracyChat. We hope to see you there!
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Tags: Disability, my Social Security, my Social Security account, retirement, retirement benefits, social security disability benefits, survivors benefits
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Hollie H.
This is a very good idea. In today’s environment of increasing use of financial services, complexity and the emergence of new and difficult to understand financial instruments, issues of financial literacy have become extremely relevant for most countries of the world. Ensuring personal financial security is becoming an important factor in people’s economic well-being. In many countries of the world, awareness of the need to improve financial literacy has led to the formation of national strategies or programs of financial education. In addition, at a time of instability and low predictability of financial markets development, the importance of people having access to reliable and trustworthy information about financial services and protecting their rights as consumers of financial services has become even more important. It’s very good that you decided to engage in informing people, because as I understand it, people know very little about it. I encountered this when I took an order on our website https://writemypapers4me.net/coursework-help/ complete coursework for me on economics. Many students, even in economics, really don’t understand what financial instruments are and how to apply them.
EvgenJ
Different states have different programs and in some it will not work.