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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.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.