Debunking Social Security Myths
At The AMAC Foundation we regularly hear from people upset about something they’ve heard (usually on the internet) about Social Security, and we just as regularly offer a response correcting the misinformation they’ve quoted. Unfortunately, many myths about Social Security persist, including that it is going bankrupt, that it won’t be there for younger workers, and that Social Security’s Trust Funds are filled with worthless IOUs. All of which are untrue, as is so very well explained in this MarketWatch article by Nancy Altman and Eric Kingson. Click here to get the facts which debunk several common myths about Social Security.
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.