Check Your Social Security Statement
In a previous article , I wrote about FICA and how you pay Social Security and Medicare taxes. Let's dip into that a bit more. Are you eligible for Social Security benefits? There is an easy way to find out. I encourage you to create your "My Social Security" account on www.ssa.gov to learn about your benefits, view your earnings record, estimate your benefits, and more. Why do Social Security Benefits Matter? Social Security Benefits could mean different things to different people. Some people use projected benefits to aid in retirement planning. You may choose not to use them in your projections, but it's still a good idea to be aware of your status. You also learn about other benefits you may qualify for. Remember OASDI - Old-Age, Survivors, and Disability Insurance ? All of this information can be found on the SSA's website at www.ssa.gov. What's in your Social Security Statement? There's a lot of information in your stat...