In 2013, AMAC—The Association of Mature American Citizens—took a big step with the creation of the AMAC Foundation, Inc., a registered 501(c)(3) non-profit entity designed to serve Americans. The Foundation’s mission is to help protect and ensure the financial security, health, and social lives of current and future mature Americans, and to help Americans navigate the bewildering array of decisions they need to make.
The Foundation’s projects and plans include providing factual information that improves understanding of the positive value of Social Security and Medicare and the current and long-term challenges these programs face, as well as providing interpretations by Certified Social Security Advisors through AMAC publications, workshops, webinars, podcasts, and telephone support.
In addition, the Foundation serves all Americans in a variety of capacities, including provision of a source of education on the principles of American Free Enterprise, long-term retirement financial planning, and preparing for life—and potential employment—after retirement.
We invite you to learn more about the Foundation and its operations at www.AmacFoundation.org
The revelation that Social Security benefits are likely to be taxable comes as a bit of a shock to many new retirees, and it’s something that many have not planned for. But don’t despair, there are steps you can take along the way to soften the blow, as explained in an article by Nasdaq contributor Martin Schamis, CFP® today on their website. His article focuses on drawdown strategies, managing RMDs, and the importance of taking a long-term view in ordering the distribution of your financial resources. Read his article here…