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Not Understanding Social Security Can Be a Rude Awakening
The Motley Fool’s Maurie Backman takes a look at the consequences many folks suffer as a result of not knowing some of the basics of Social Security…especially how your benefits are calculated and what they will actually be. In fact, her article points out that roughly a quarter of respondents to a recent Nationwide study report that their actual benefits fall short of what they expected to receive. Absent other income sources, this can be a bad experience for those who jump into retirement unprepared. Read Ms. Backman’s article here…
If you find yourself among those who are unsure of where they’re heading with Social Security, know that the AMAC Foundation offers a free-to-the-public Advisory Service that can help you gain the knowledge you need when you need it! Learn more about the AMAC Foundation Social Security Advisory Service 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.