USPS: Online accounts help retirement planning

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The federal government is encouraging employees to set up “my Social Security” accounts.

The Social Security Administration is encouraging federal employees to set up free online accounts to view and manage their Social Security records.

The secure accounts provide estimates for future benefits and show how much you’ll need from other sources, such as a Thrift Savings Plan, to meet your retirement goals.

Each account also allows you to request benefit verification letters and replacement cards.

Individuals can only create accounts using their own personal information and for their own exclusive use. Users should never share their account information with others.

More than 23 million Americans have already signed up for the accounts, which are called “my Social Security” accounts.

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The administration will promote the accounts during “my Social Security Week,” which begins April 4. The agency’s site has more information.

Source: USPS News Link – 3/30/16

 

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