Should Social Security’s full retirement age be raised?
Most of us are aware that, while Social Security isn’t going bankrupt, action will be needed soon in order for the program to pay full benefits far out into the future. Current projections are that the Trust Fund will sustain the program through 2034 and the program’s Trustee’s have already recommended changes to improve its solvency. One of these changes, raising the full retirement age, seems to be a very real possibility, as this Motley Fool article by Sean Williams explains.
AMAC has been at the forefront trying to strengthen Social Security by developing and proposing its Social Security Guarantee. AMAC has been discussing and continues to discuss this common-sense solution with Congressional Representatives in its efforts to protect America’s senior citizens who rely on Social Security. To review AMAC’s Social Security Guarantee, click here.
To read Sean Williams’ article on raising Social Security’s full retirement age, click here.