Don’t Panic About Social Security’s Future
Fielding a question from someone who wonders, because of news reports about Social Security’s future, if they should claim benefits at age 62 instead of waiting until 70 for the higher amount, financial columnist Liz Weston counsels not to panic. “Social Security isn’t going anywhere” she writes, so don’t make decisions based upon fear of Social Security going bankrupt - it cannot. Ms. Weston further opines, correctly, that it’s extremely doubtful that Congress will allow Social Security benefits to by cut because it would be political suicide to do so. Click here to read Liz Weston’s article in The Oregonian.
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.
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