Here’s what could happen to your monthly Social Security benefit if the asset reserves disappears
Currently 62 percent of the 62.7 million Americans receiving Social Security benefits each month, 43.4 million of whom are retired workers, are reliant on their benefit check for at least half of their income. According to the latest Social Security Board of Trustees report, the program is slated to do something not seen since 1982: expend more money than it generates. In Sean Williams’ article, he takes a closer look at what exactly happens to Social Security and your retirement paycheck if the $2.9 trillion in excess cash disappears. Read his article here…
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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