my Social Security is your Social Security

By Irene Saccoccio, National Public Affairs Specialist, Social Security Administration

Whether retirement seems like it’s just around the corner or years away, it’s good to know that Social Security is here and working for you right now — even if you’re not yet receiving benefits. Social Security can help you today by providing you with the information you need to plan ahead for the retirement you want someday. 

Generally, there is no reduction of Social Security benefits because of your military retirement benefits. You'll get your full Social Security benefit based on your earnings.  Learn more at http://www.ssa.gov/retire2/veterans.htm

In fact, one of the best tools for planning a secure retirement is exclusively yours and just waiting for you to open online today. It’s called a my Social Security account.

When you create your personal my Social Security online account, you’ll discover valuable information that can make a real difference in helping you prepare for your retirement.

You can get your online Social Security statement, review your lifetime earnings history (and catch any errors while it’s easier to fix them), see estimates of your future benefits, and more—all important information that can help you plan and save for greater peace of mind.

How to get started with my Social Security

Opening a my Social Security account online is quick, safe and easy. It only takes a few minutes and is absolutely free. To open your free account, go to the Social Security website at www.socialsecurity.gov  and click on the “my Social Security” link. Then follow the instructions for creating your secure, online account. Before opening your account, you must be at least 18 years of age and have the following: 

  • A valid email address;
  • A Social Security number; and
  • A U.S. mailing address.

You’ll also need to provide some personal information about yourself, and answer some questions only you are likely to know. This process protects you and keeps your information private. 

You've created an account. Now what?

Once you see your estimated retirement benefits, you can really start to plan, invest and save with more confidence. You can even take a look at when you might want to retire.

While Social Security will be here to provide you with a secure foundation in the future, it was never intended to be your sole source of retirement income. So that you don’t end up living in your kid’s basement, you will want to put aside more for a comfortable retirement. Today is a great day to start!

Tip of the Day

  • Written by Guest Blogger | March 1, 2014

    Are you ready to set your #savings goal and make a plan to achieve it? Take the Military Saves Pledge today http://ow.ly/C7sGZ

Saver Stories View all »

When You Start Small, Saving is Easy

Written by Lila Quintiliani | August 12, 2019

When Attiyya first got married, she and her Marine husband had just graduated from college and were focused on paying off student loan debt. They had both attended private schools and had sizeable loans. Then three months after the wedding, the couple found out they were pregnant with their first child.

The first year of their marriage, says Attiyya, was a balancing act between paying down debt and saving for the future.

Read more...

Involving Kids in Family Finances

Written by | April 19, 2019

 

One of the best lessons we can share with our kids is about money. By middle school, kids should have a good understanding of how money works as well as the importance of saving.

Read more...

How Smart Financial Decisions Can Create Opportunities 

Written by | November 22, 2019

Written by Stephen Ross, America Saves Program Coordinator | November 22, 2019

Of the many stories Military Saves shares, most describe how someone was in dire straits financially and worked their way out of it with the help of Military Saves. This time we want to highlight a different kind of story. This is a story about how responsible financial decisions can build on one another to create opportunities you thought only the super-rich enjoy.

Read more...