Latest News
No new news in the latest Social Security Trustee’s Report
No news is good news, as the saying goes, and that’s especially true with the release today of the annual Trustee’s Report on the financial condition of the Social Security program, as related in this RealClearMarkets article by Henry Aaron. In the article, the author opines that the conclusions of the Trustees haven’t really changed much in the last several years, and that’s good news because Social Security’s finances at least haven’t worsened, still projected to not see the 3 trillion dollar reserves depleted until about 2034. According to the article’s author, the lack of new news in the Trustee’s Report probably means that Congress will continue its inaction until the Social Security program’s financial issues become more urgent.
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.
To read the RealClearMarkets article by Henry Aaron, click 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.