By Hillary Hatch, Social Security Public Affairs Specialist
October 12th is National Savings Day. It serves as an important reminder to plan for your financial future. Social Security is a vital part of any financial plan. We have online tools to help you understand your potential benefits and how they fit into your financial future.
Regardless of your age, you should periodically review your Social Security Statement (Statement) using your personal my Social Security account at www.ssa.gov/myaccount. Your Statement is an easy-to-read summary of the estimated benefits you and your family could receive, including retirement, disability, and survivors benefits. You should also review your Statementannually to confirm your earnings history.
The retirement calculator in your personal my Social Security account allows you to check various benefit estimate scenarios based on the age you plan to retire. You can compare the effect different earnings and retirement start dates could have on your future benefit amount.
Please let friends and family members know how they can prepare for their financial future by signing in to their secure my Social Security account. If they don’t have an account, they can create one at www.ssa.gov/myaccount.
Hillary Hatch is the Public Affairs Specialist for West Michigan. You can write her c/o Social Security Administration, 3045 Knapp NE, Grand Rapids MI 49525 or via email at hillary.hatch@ssa.gov