Social Security: Understanding the Basics
This informative article by Andrew Lisa on Yahoo Finance takes readers through the pre-Social Security days, where having as many children as possible was the only hedge against poverty in old age. Lisa explains the rationale behind enactment of The Social Security Act of 1935 as well as how benefits are calculated. Lastly, he mentions current strategies to get the maximum benefit. Full piece here.
The AMAC Foundation offers a free-to-the-public advisory service to all folks ageing into–or already in–Social Security. This service provides guidance in understanding the complexities of Social Security and the myriad rules and regulations associated with the process for claiming benefits, with NSSA-Certified Social Security Advisors available via email or telephone to discuss options. Learn more about this service via the Foundation’s website.