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Retiring? Understand Social Security first

No matter how far away you are from retirement, it’s important to understand your Social Security benefits – and there’s a particularly good reason to do it now. The Social Security Administration (SSA) is bringing back annual paper benefits statements for the first time in three years. It stopped in 2011 to save money on printing and postage, but Congress and consumer advocates complained that workers needed better access to their data. In September, the agency reversed its decision and announced it’s resuming the practice of mailing paper statements to workers in two categories:…Read More

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