Social Security myth-busting, by an expert

Renowned Social Security expert Devin Carroll takes on seven common myths those of us who advise on Social Security matters hear frequently in this important article appearing at MarketWatch. How true his observation that if you say something often enough people will believe it to be fact, and certain Social Security myths seem to have taken on a life of their own. And believing these falsehoods could have a very detrimental affect on your retirement if they lead you to take an unwise action. Especially revealing is his debunking of the myth that most recipients won’t get back as much as they contribute to Social Security. Fact is, most will get back at least as much, and usually more than they contributed within 3 - 5 years. Click here to read Mr. Carroll’s fascinating article about seven common Social Security myths.

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.

Website by Geiger Computers