Every July, when we commemorate our country’s independence, it is important to acknowledge the important initiatives that over the past 90 years have helped millions of dedicated people achieve financial independence.
We are pleased to offer a variety of online resources to help people plan for their retirement benefits even before they start receiving them as part of these programs.
Empowering Independence and Celebrating Freedom
By offering individualized information catered to their unique circumstances, these tools, including the Social Security Statement and the benefits estimator tool, seek to empower people and give them the ability to plan for a financially secure future.
The Social Security Statement is one of the crucial resources we provide. This online resource gives people a summary of the benefits to which they and their families may be entitled in light of their employment history and income.
People can learn more about the benefits they could be eligible for by accessing their Statement, which will help them make decisions about their financial security.
The Statement provides individualized fact sheets that take an individual’s age and financial status into account and provide a thorough overview of their prospective advantages, going beyond simple numbers.
We provide individuals with a robust benefits estimator tool that allows them to estimate their retirement benefits based on several dates they may choose to start receiving them, in addition to the Social Security Statement.
Read more: Social Security And Medicare Threats Worry American Retirees
Utilize the Benefits Estimator Tool
This tool considers a number of variables, including a person’s present age, anticipated future wages, and the age at which they intend to retire.
The benefits estimator tool allows users to enter this information to get tailored estimates that take into account their particular situation.
People can use this function to examine different retirement scenarios, which helps them decide when to start receiving benefits and how it can affect their ability to maintain financial independence.
Read more: Social Security Payments: Who Will Receive $1800 On June 28th?