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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…

 

This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.

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