April is financial literacy month and Social Security is reminding Americans to plan for their financial futures.
Financial Literacy Month also serves as a reminder that Social Security is a vital part of any financial plan. Jack Myers with Social Security notes their online tools are available to help you understand your potential benefits and how they fit into your financial future.
You should periodically review your Social Security Statement available within your mySocialSecurity account at www.ssa.gov/myaccount. Myers says your statement is an easy to read personalized summary of the estimated benefits you and your family could receive including potential retirement, disability, and survivor benefits.
While Social Security is an important part of your retirement planning, Myers says it shouldn't be your only retirement plan.
Because women often outlive men, Myers indicates Social Security, in some cases, can be more important to women.
Social Security has a variety of publications available on our website at www.ssa.gov/pubs. Get more information about all things financial planning there.













