Is retirement knocking at your door? Social Security makes your journey into retirement nice and easy. Continue reading
National Social Security Month is celebrated in April and is dedicated to educating you about Social Security programs and services. From programs that help support you through life’s journey, to services that help put you in control, to systems that help protect what’s important to you, Social Security is committed to helping secure today and tomorrow for you and your family. Continue reading
March is Women’s History Month — a time to focus not just on the past, but also on the challenges women continue to face in the 21st century. Today, more women are working than ever before, paying Social Security taxes, and earning credit toward monthly retirement income. With longer life expectancies than men, women tend to live more years in retirement and have a greater chance of exhausting other sources of income.
This means you should plan early and wisely!
Social Security provides financial benefits, tools, and information to help support you throughout life’s journey. Here are some tools to help you plan for your future: Continue reading
Every year during the month of July, Major League Baseball celebrates its All-Star Game or Midsummer Classic. The game marks the mid-point of the baseball season. The teams, comprising the most prominent players of the season as chosen by the fans, will play for bragging rights and home field advantage in the World Series. Continue reading
July is National Ice Cream Month. Can everyone say yum?
No matter your favorite flavor, ice cream brings a smile to almost everyone’s face. It’s synonymous with summer and laughter. The sound of an ice cream truck’s instrumental jingle still makes me want to run out of the house and chase it to buy a cone, a shake, or a banana boat.
Social Security wants to help you prepare for a secure, comfortable retirement. “Security” is our middle name and we want everyone to enjoy the fruits of a lifetime of labor.
We mentioned before that being prepared when you retire can open new avenues of possibilities. Our website has tools and information to help you secure today and tomorrow. When it comes to retirement, we’ve got you covered with five important tools: Continue reading
On this day in 1940, a 65-year-old legal secretary named Ida May Fuller became the first monthly Social Security beneficiary. A few months earlier, she had stopped by her local Social Security office in Vermont to learn how the program works. She knew she had paid into Social Security but wasn’t sure if she would get anything back out. A clerk at the office helped her apply for retirement benefits. 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.
We have all received gifts we’ve wanted to return: ugly socks or sweaters that look exactly like the one you got (or gave!) last year. Sometimes, just letting loved ones know that you’re there for them, no matter what, is the best gift of all. And you avoid the embarrassment of giving an awkward gift! Social Security is also there for you and your family — all year long. Continue reading