Social Security: What You Don’t Know Can Cost You

Senator Susan Collins (R-ME) was quoted during a Senate Special Committee on Aging hearing held last year on how to help Americans make the most of their Social Security benefits. She said: “Deciding at what age to begin claiming Social Security retirement benefits is the single most important financial decision that many Americans will ever make,” she said. “Few, however, understand that making the wrong choice can end up costing them tens of thousands of dollars, or more, during their retirement years.”

In the attached article, Kevin McCormally reviews how misinformation from Social Security can cost you tens of thousands of dollars. You can access Mr. McCormally’s article here…but first you might want to know that the AMAC Foundation provides a free-to-the-public service that can help you as you weigh the options available to you under Social Security’s current law. Read about this Advisory Service here…

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