Latest News

More on Coronavirus and Social Security–What Seniors are Worried About

For folks thinking about retirement finances, Social Security’s solvency has emerged as a serious concern. A Harris Poll conducted on behalf of The Nationwide Retirement Institute reports that “(a)bout 61 percent of people said they were more worried than before about the program running out of funding.” Further, “A majority of millennials, baby boomers and Generation Xers said they thought cuts would be made to benefits under the current administration.” These observations and concerns are arising in the midst of massive financial ramifications of the pandemic and its resulting devastation of the U.S. economy. Read a foxbusiness.com post on this issue by Brittany De Lea 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.

Website by Geiger Computers