DID YOU KNOW? April is Financial Literacy Month

In addition to Social Security, there are others ways you can start saving for your future. 401k individual retirement accounts and other types of IRAs are supplemental ways to begin saving for your future. The earlier you start saving into these accounts, the more you can accrue.

Financial literacy includes, not just have access to general information, but also being aware of your own personal financial information. Here are ways to improve your financial literacy and stay on top of your personal financial information:

• By opening a personal my Social Securityaccount, you can have quick access to your information from anywhere
• Reading your Social Security Statement gives you access to a personal record of the earnings on which you have paid Social Security taxes and a summary of the estimated benefits you and your family could receive, including potential retirement, disability, and survivors benefits.
• Using the Retirement Estimator provides immediate and personalized benefit estimates based on your earnings records
• The Retirement Estimator also allows you to compare different retirement scenarios like future earnings and different retirement ages

The sooner you start planning for retirement, the better off you will be.

For more information visit https://www.ssa.gov/