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Social Security Basics…Some Things You Need to Know!
On the surface, Social Security seems somewhat simple…you work and pay FICA tax, then you draw benefits when you retire. But as anyone who has navigated these waters can probably tell you, it’s not that clear-cut. In fact, there are thousands of rules that govern the way benefits are determined and administered, and most people are not aware of most of them. There are, however, some really, really elementary aspects you should know about to avoid making some costly mistakes. A post today by The Motley Fool’s Stefon Walters can help you with these items (read the post here), and if you still have questions, know that the AMAC Foundation offers a free-to-the-public service featuring trained and accredited Advisors who can help you further. Learn more about this service 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.
