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Adages and Social Security Statements, Credit Reports & Retirement Plans
Now that we have reached the midpoint of 2014, it is a fine time to do some financial housekeeping, particularly as it relates to a person’s financial information collected and maintained by others. Checking your Social Security statement, credit report, and employer-sponsored savings plans probably will only take a few minutes. If inaccuracies are discovered, it will take a bit longer to resolve. However, identifying and resolving any problems now probably will take less total time than waiting to address it down the road. When it comes to the seemingly mundane tasks of reviewing certain financial records there is merit in Benjamin Franklin’s quote that, “An ounce of prevention is worth a pound of cure.” Read more…