The days of getting a Social Security statement in the mail have come to an end. At least for everyone under 60 years old. About a year ago the Social Security Administration stopped sending annual statements to save money on budget cuts. It worked. But it left several million people without easy access to their statements.
This all changed when the Social Security Administration updated its website to provide online statements. While your Social Security statement is finally available online, you do have to sign up for a My Social Security account at the SSA site, first.
The process isn’t as easy as the website claims. We hit a few stumbling blocks along the way. And in the process, thought it was a good idea to put together a step by step guide on how to create a My Social Security account and access your Social Security statement online. Continue Reading…
An abundant, cheap energy source sits underground and could be the fuel needed to spur economic growth for decades to come. It’s not oil, though the U.S. is seeing a renaissance in oil production of late. It’s natural gas and there are so many ways to play this energy source.
Safety plays a big role where we put our money. We know the FDIC protects our bank accounts from bank failures, but does anything protect our brokerage accounts? The SIPC insurance coverage is there to protects investors when their brokerage firm fails, assuming the broker is a SIPC member.