Most Americans think of Social Security as only a source of retirement income. They rarely consider all the other protections and benefits that Social Security can offer. A recent article in the Motley Fool website lists nine different ways that Social Security can assist Americans all throughout their lives.
I recommend taking the time to read this excellent post. It can guide you at all stages of your life in understanding what Social Security can do for you.
From Cradle To Grave
Social Security benefits go beyond retirement and disability. In fact, Social Security can be there for you from the time you are born (disability or survivor's benefits) until the day you die (a lump sum death benefit.) No one likes paying taxes, but it is comforting to know that at least your Social Security taxes can bring tangible benefits.
Forewarned Is Forearmed
Along with frequently checking your Social Security status at mysocialsecurity.com, you should see what Social Security benefits are available to you at every stage of your life. With any luck, you will never need more than your Social Security retirement benefits. But, if something adverse were to occur, it would be nice to know what assistance is available.
If you have questions about any of the benefits that Social Security provides, let me know. I will be glad to help any way that I can.