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About Social Security’s Future
Although many naysayers claim that Social Security will be going bankrupt, that is simply not true. For as long as there are Americans working, Social Security will be paying benefits. But, as the Trustees of Social Security have been warning Congress for years, in the future Social Security will not have enough money to meet 100% of its obligations, unless Congress takes some steps to restore the program to solvency. In this article by Sean Williams appearing in the Montana Standard, the author describes Social Security’s current financial status and also paints a picture of what the future might bring. In the end, Social Security will always be there. But unless Congress acts soon, it may not be there in a form which pays you 100% of the benefits promised. Click here to read more.
AMAC has been at the forefront trying to strengthen Social Security by developing and proposing its Social Security Guarantee. 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.
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.