Should Americans delay fixing Social Security as long as they can?
Although Social Security needs help, Congress has yet to decide which type of reform to take. The National Bureau of Economic Research states, two-thirds of respondents to the Hoover Institution YouGov Survey on Social Security, agreed the program is facing a crisis, and 43 percent said minor changes could resolve those issues. In the attached article, researchers from Stanford University and New York University looked at these reforms, and their timing. Read article here…
After reading the article, click on the link below to read the bipartisan compromise bill, titled “The Social Security Guarantee Act,” developed by The Association of Mature American Citizens (AMAC). One of its several components is Social Security PLUS, a new yet voluntary early retirement plan that would allow all earners to have more income available at retirement. This component is intended to appeal especially to younger workers. Learn more about AMAC’s Social Security Guarantee here…
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