Is the hold harmless provision all that harmless? A new study states otherwise
More than three out of five retired workers depend on Social Security to provide at least half of their monthly income and another 34 percent rely on Social Security for almost all of their income. In Sean Williams’ article appearing on The Motley Fool website (www.fool.com), he reviews a new study by The Senior Citizens League stating Social Security’s COLA would need to double to provide adequate benefits to seniors, and explaining that the hold harmless provision may not be so “harmless” after all. Read article here…
AMAC has been at the forefront trying to strengthen Social Security by developing and proposing its Social Security Guarantee. AMAC has been discussing and continues to discuss this common-sense solution with Congressional Representatives in its efforts to protect America’s senior citizens who rely on Social Security. To review AMAC’s Social Security Guarantee, click here.
Notice: The link provided in the text above connects readers to the full content of the referenced article. The URL (internet address) for this link is valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or socialsecurityreport.org