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
In a press release today, an analysis of the Tax Cuts for Working Families Act approved by the Ways and Means Committee underscores the expectation that “(m)iddle-income seniors will get a tax cut,” while referring to a University of Pennsylvania Penn-Wharton Budget Model report that debunks notions that the provision is a tax cut for the wealthy. Read the press release in full here.
This is great if you owe taxes. What about those who do not pay taxes?