In 2013, AMAC—The Association of Mature American Citizens—took a big step with the creation of the AMAC Foundation, Inc., a registered 501(c)(3) non-profit entity designed to serve Americans. The Foundation’s mission is to help protect and ensure the financial security, health, and social lives of current and future mature Americans, and to help Americans navigate the bewildering array of decisions they need to make.
The Foundation’s projects and plans include providing factual information that improves understanding of the positive value of Social Security and Medicare and the current and long-term challenges these programs face, as well as providing interpretations by Certified Social Security Advisors through AMAC publications, workshops, webinars, podcasts, and telephone support.
In addition, the Foundation serves all Americans in a variety of capacities, including provision of a source of education on the principles of American Free Enterprise, long-term retirement financial planning, and preparing for life—and potential employment—after retirement.
We invite you to learn more about the Foundation and its operations at www.AmacFoundation.org
For the past several years, state and federal governments have been migrating
consumers to electronic government benefit payments (direct deposit or prepaid debit cards) from paper checks in order to reduce fraud, save money and improve the overall customer experience of receiving benefits. Moving government benefit payments from checks to digital payments, including prepaid cards, has reduced fraud by about 90% and the prepaid industry has worked closely with law enforcement to continue to find ways to reduce criminal activity. Prepaid cards have become a popular option that anyone can take advantage of to manage funds, budget and pay bills and they should continue to be an option to receive government benefits as well.
Jennifer Tramontana, Network Branded Prepaid Card Association