Latest News
Reform ideas to achieve a higher Social Security benefit
Forbes contributor Teresa Ghilarducci points out that most older workers have inadequate savings for retirement. It is well known that Social Security is not enough for most retirees to maintain their living standards. Ghilarducci therefore suggests Social Security should become more innovative and suggests two fixes that could help secure adequate retirement income without extra cost or new bureaucracies. First Congress could allow Social Security to administer bridge annuities to help people delay claiming Social Security benefits and second, allow people to buy extra Social Security credits. Read the details in her full article 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.