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
I think washington needs to re-pay what they have already stolen and there wont be a shortfall. I say stolen because they took the money with no intentions of paying it back.
I’m afraid you are basing your comment on a myth. No one has ever stolen Social Security funds and used it for any other purpose, regardless of what you might read on the internet. All monies collected via payroll taxes have been either used to pay benefits to recipients, or deposited into Social Security’s Trust Funds, which now contain just under $3 trillion in assets. By law, monies received for Social Security purposes can be used ONLY for paying benefits to beneficiaries. WE have researched this allegation extensively and found that all Social Security revenues have been used for, or reserved for, Social Security benefit purposes only. Here’s a link to an article you may find informative: https://socialsecurityreport.org/ask-rusty-raiding-the-social-security-trust-fund/.
Nevertheless, SS Trust Fund assets are now being depleted due to more beneficiaries collecting than can be supported by incoming SS revenue. That means that Congress must reform the SS program soon to keep benefits for all recipients from being cut in the future (10 to 15 years in the future).
Russell Gloor
National Social Security Advisor
The AMAC Foundation