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.
Disability is unpredictable and can happen to any person, at any age. Millions of Americans live with disabilities that are the result of a sudden traumatic event or onset of a serious medical condition. Continue reading
You packed your bathing suit and beach towels. The sunscreen is handy and ready to apply. Your hat is firmly on your head while you sport those stylish shades. The time is finally here, and you’re going on vacation.
Hooray! Continue reading
Social Security offers you many options to conduct business with us online. Far gone are the days when you needed to visit our offices or call us on the phone to appeal a denial of your disability benefits. Now you can file an appeal online, even if you live outside of the United States! Continue reading
With busy schedules and constant multi-tasking, it seems like everyone is juggling the multiple chores and obligations of everyday life. That’s why Social Security created a suite of online services. Continue reading
Many people think that disability is something that happens to someone else. Unfortunately, disability is unpredictable and can happen to any person, at any age. Millions of Americans live with disabilities. Disability affects those afflicted and their families. Continue reading
Summer’s just a memory, the days are cooler, and children are comfortably settling in their back-to-school routines. You should take this time to “hit the books” and learn more about what Social Security offers at our website.
If you’ve been to our website before, you’ll notice the new homepage is even better. We redesigned it based on your feedback. The top suggestion we received was to list all of our content on one page so that’s what you’ll see when you visit www.socialsecurity.gov. You’ll now find it’s easier than ever to Continue reading
Vile vampires and wicked witches are some of the classic scary monsters that haunted us as children. As adults, some of the scariest parts of our day might be all the stresses that come with everyday life. Medical appointments, car maintenance, and running errands — it can be overwhelming enough to make us want to scream. Continue reading
I’m on Social Security disability insurance (SSDI). Okay I said it, and, I’m also very thankful for it. I might sound somewhat perplexed, because it’s all new to me and isn’t what I had expected to deal with in life. Yet, I am realistic and understand that “things happen” to all people.