Retiring

"my Social Security," is a new online service that provides individuals quick access to their personal Social Security information. The site enables working individuals to obtain their earnings record and see estimates of future retirement, disability, and survivor benefits. It also enables people, who already receive Social Security benefits to get a benefit verification letter, check benefit payment information, change their address or phone number, and start or change direct deposit information online. Check it out!

Reverse mortgages let you cash in on the equity in your home: these mortgages can have serious implications.

Concerned about insurance coverage for your accounts held at credit unions? This brochure describes how credit union member accounts are federally insured by the National Credit Union Administration (NCUA).

This is a comprehensive brochure describing how credit union member accounts are insured by the National Credit Union Administration (NCUA), an agency of the federal government. The brochure describes the variety of insured accounts, and includes examples of insurance protection for various size families and explains how to structure accounts to obtain the most protection.

Are your funds fully insured? This Electronic Share Insurance Calculator will help you determine the insurance coverage for your accounts held at federally insured credit unions.

This website provides information and guidance for Medicare beneficiaries about Extra Help with prescription drug plan costs. The Extra Help is estimated to be worth about $4,000 per year. To qualify for the Extra Help, a person must be receiving Medicare, have limited resources and income, and reside in one of the 50 States or the District of Columbia.

You can apply online for Social retirement or spouse's benefits or disability benefits. You can also check the status of your application, or request an appeal if benefits were denied. This site provides guidance and forms.

Information on how to contact the Social Security Administration's Fraud Hotline by internet, U.S. mail, fax, or phone.

This website provides information on using US Savings Bonds to save for retirement. Did you know that a person retiring at age 65 spends an average of 18 years in retirement? Experts estimate that you'll need 70-80% of your pre-retirement income—lower earners will need 90 percent or more—to maintain your standard of living when you stop working. This is based on the assumption that you'll cut out many of your current expenses, like commuting costs, when you retire.

Sign up for direct deposit for your Social Security benefits so you’ll receive your money even if you can’t get your mail.