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Rethinking Social Security Because of COVID-19
The COVID-19 pandemic wreaked havoc on the American economy, causing many to lose their jobs, join the unemployment rolls, and dig into their retirement savings prematurely. It also forced some, who thought their Social Security claiming strategy was set, to reevaluate their plan and consider claiming Social Security sooner than, or perhaps later than, previously planned. This York (NE) News-times article by contributor Maurie Backman describes the dilemma that many Americans face because of the pandemic. Click here to read more.
Also, if you’re unsure about your individual situation under Social Security or have questions about your personal benefit entitlements, note that the AMAC Foundation provides an independent free-to-the-public Social Security Advisory service to help Americans navigate the complexities of this program. Learn more about it 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.