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A novel approach to Social Security’s financial woes
It’s pretty well known that Social Security’s Trust Funds are facing depletion in about 17 years, and there’s no shortage of opinions and ideas on what to do about it. But with Social Security being “the third rail” of American politics, progress toward a solution seems elusive. Enter this well respected Financial Planner with an idea for how to supplement Social Security with what he describes as a simple and workable solution. This article by Cal Thomas appears in the Alaska Dispatch News describing a unique plan to save Social Security.
AMAC has been at the forefront trying to strengthen Social Security by developing and proposing its Social Security Guarantee, which includes an element for an Early Retirement Account (ERA). 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.
To read the Alaska Dispatch News article by Cal Thomas, click here.