May 22 Women and the Social Security Administration
We've all laughed at the saying "I'm from the government and here to help you". But in the case of the Social Security Administration, it is true. And for women, there is especially great news. The agency has a separate website just for you!
First of all, you need to have a basic understanding of what this federal agency can do for you. Social security has provided a great handbook titled "Social Security: What Every Woman Should Know". It is a good primer with back to basics information. Go to the Social Security Administration website www.socialsecurity.gov/pubs/10127.html to print a copy. Or go to your nearest social security office to pickup a copy of the 23 page booklet. It is extremely helpful.
Did you know . . . .
- Nearly 60% of the people receiving Social Security benefits are women
- If you are 25 years old and working you receive an annual Social Security Statement
- If you are a victim of family abuse, Social Security may be able to help
- Most people need 10 years (or 40 quarters) of work to qualify for benefits
- If you have not worked or do not have enough Social Security credits and you are married, you many be eligible for benefits as a result of your husband's work
- If you are a caregiver, have limited income, your husband is deceased, you are divorced, or you don't have enough social security credits, Social Security may be able to help.
- Women are more affected than men by certain aspects including death of a spouse, changing your name for marriage or divorce purposes
- Because women live longer than men, you are more likely to receive survivor's benefits.
More information . . . . Social Security for Women
Go to: www.socialsecurity.gov/women
Articles include:
Don't outlive your retirement savings
- Celebrate your marriage
- Plan your retirement
- Pros and Cons on when to retire
