In 2013, AMAC—The Association of Mature American Citizens—took a big step with the creation of the AMAC Foundation, Inc., a registered 501(c)(3) non-profit entity designed to serve Americans. The Foundation’s mission is to help protect and ensure the financial security, health, and social lives of current and future mature Americans, and to help Americans navigate the bewildering array of decisions they need to make.
The Foundation’s projects and plans include providing factual information that improves understanding of the positive value of Social Security and Medicare and the current and long-term challenges these programs face, as well as providing interpretations by Certified Social Security Advisors through AMAC publications, workshops, webinars, podcasts, and telephone support.
In addition, the Foundation serves all Americans in a variety of capacities, including provision of a source of education on the principles of American Free Enterprise, long-term retirement financial planning, and preparing for life—and potential employment—after retirement.
We invite you to learn more about the Foundation and its operations at www.AmacFoundation.org
It’s well known that age 62 is the most popular age for folks to claim their Social Security benefits, even though they absorb a substatial–25% to 30%–discount on their monthly payment. And, it’s a permanent discount…it doesn’t increase at full retirement age, as many people tend to think. This article by The Motley Fool’s Adam Levy adds more credence to the concept of waiting as long as you can to file, perhaps to age 70 to reap the benefits of delayed retirement credits. Check it out here…