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A Quick Refresher on Social Security Solvency…and Steps You Should Consider
WDIO’s Grace Koppen hosts a brief discussion on the much-reported Social Security insolvency issue, featuring commentary from Barry Bigelow (Great Waters Financial) clarifying what to expect as the calendar moves toward the projected depletion of the program’s financial reserves. The session was presented a part of WDIO’s “Money Matters: Social Security concerns,” and can be watched here. A text version of the comments can be found at the same URL.
The remarks offered by Bigelow include suggestions for maximizing benefits under the current Social Security rules, as well as observations on ways to bolster retirement income. If, after watching the video clip, you have any questions about Social Security and how the rules apply to your personal situation, know that the AMAC Foundation offers a free-to-the-public Advisory Service that can help you. Visit the Foundation website for information on how to access this service.