Skip to main content
U.S. flag An official website of the United States government Here's how you know

Official websites use .gov
A .gov website belongs to an official government organization in the United States.

Secure .gov websites use HTTPS
A lock ( ) or https:// means you've safely connected to the .gov website. Share sensitive information only on official, secure websites.

...
What to Know about Proving Your Identity
Social Security
X
Benefits
BY PHASE
  • Prepare
  • Apply
  • Manage benefits
BY TYPE
  • Retirement
  • Disability
  • Survivor
  • Family
  • Supplemental Security Income (SSI)

Benefits overview
Medicare
  • Plan for Medicare
  • Sign up for Medicare
  • Request to lower IRMAA
  • Apply for Part D Extra Help
  • Manage Medicare benefits
Card & record
  • Number & card
  • Personal record
Español
Sign in
Menu

Press Office (Subscribe)

Menu

  • Contact the Press Office
  • Press Releases
  • Reports, Facts and Figures
  • Social Security Update
  • Follow us @SSAPress
  • COLA

Press Release  (En español)

Thursday, November 12, 2015
For Immediate Release
LaVenia J. Lavelle, Press Officer
press.office@ssa.gov
News Release SOCIAL SECURITY

Social Security Helps America Plan for Retirement

Today, the Retirement Security Project at the Brookings Institution hosted an event with the Social Security Administration and the Consumer Financial Protection Bureau (CFPB). Carolyn W. Colvin, Acting Commissioner of Social Security, joined Richard Cordray, CFPB Director, to give keynote remarks about helping people plan for retirement. Social Security presented retirement planning tools available at my Social Security, a secure, online hub for doing business with the agency. More than 21 million people have created a personal online account.

Approximately 168 million workers pay toward Social Security coverage through taxes on their earnings—and almost 60 million people receive monthly Social Security benefits. Around two-thirds, or 40 million of these beneficiaries, are retired workers or their dependents. However, many workers paying into Social Security know little about how the system works, or what they need to do on their own to be ready for retirement.

"We are so pleased to partner with the Consumer Financial Protection Bureau and the Brookings Institution to help Americans plan for retirement," said Acting Commissioner Colvin. "Because we're living longer, healthier lives, we can expect to spend more time in retirement than our parents and grandparents did. Creating a sound retirement plan is vitally important. Social Security provides secure online services for our customers—including the my Social Security suite of services, the Retirement Estimator, and the online retirement application."

A panel discussion on efforts to improve retirement planning included guests Jonnelle Marte, financial reporter with The Washington Post, Olivia S. Mitchell, International Foundation of Employee Benefit Plans Professor at the Wharton School at the University of Pennsylvania, and Jean Setzfand, Senior Vice President of Programs at AARP.

To learn more about retirement planning tools available through my Social Security and to create an account, visit www.socialsecurity.gov/myaccount.

Support
  • Contact us
  • Find an office
  • Forms
  • Publications
  • Report fraud
Languages
  • Español
  • Other languages
  • Plain language
Services for
  • Employers & businesses
  • Representatives
  • Government agencies
  • Other groups
About
  • About SSA
  • Communications
  • Careers
  • Initiatives
  • Research & policy
  • Financial reports
Agency logo

SSA.gov

An official website of the Social Security Administration.


  • Accessibility support
  • Privacy policy
  • FOIA requests
  • Civil Rights/Compliance
  • Office of the Inspector General
  • Office of the Chief Actuary
  • Performance reports
  • System status
Looking for U.S. government information and services? Visit USA.gov