Latest News
Repercussions of a Social Security Benefits Cut - Kiplinger
If Social Security’’s insolvency issue is not resolved benefits will be cut by 21% in 2033. What does this mean for retirees living on Social Security and also others who count on Social Security as part of their retirement planning? Kathryn Pomroy for Kiplinger explains here…
Similar to many consulting organizations, the Association of Mature American Citizens (AMAC) has been heavily engaged in development of a solution that would preserve and modernize Social Security for generations to come. This effort by AMAC and its subsidiaries, AMAC Action and AMAC Foundation, has resulted in AMAC’s Social Security Guarantee (SSG), a slate of adjustments across a range of target areas with an intent to preserve the program for current beneficiaries and to align it with 21st Century demographics and economics.
AMAC’s SSG is balanced and singles no group out with excessive changes and designed to extend the solvency of the program and prevent across-the-board benefit reductions. Click here to learn more about AMAC’s approach to resolving Social Security’s dilemma.
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.