Check Your Social Security Statement
In a past article , I wrote about FICA and how you pay social security and Medicare taxes. Let's dip into that a bit more. Do you know if you are 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, see estimates, and much more. Why do Social Security Benefits Matter? Social Security Benefits could mean different things to different people. Some people use projected benefits to help with planning for retirement. You may choose not to use them in your projections, but it's still a good idea to know 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 www.ssa.gov. What's in your Social Security Statement? There's a lot of information in your statement about your ear...