Social Security’s financial woes: Here’s how you can protect yourself
It’s no secret by now that Social Security has some financial issues which, if not addressed by Congress soon, will eventually have an impact on your Social Security benefits, but with the political climate existing in Congress today it’s hard to predict that the issue will be resolved any time soon. So what can you do in case Congress doesn’t get its act together and fix Social Security? As this Motley Fool article by Maurie Backman explains, you can create a backup plan to protect yourself if your Social Security benefits are some day reduced due to Congress’ inaction.
AMAC has been at the forefront trying to strengthen Social Security by developing and proposing its Social Security Guarantee. AMAC has been discussing and continues to discuss this common-sense solution with Congressional Representatives in its efforts to protect America’s senior citizens who rely on Social Security. To review AMAC’s Social Security Guarantee, click here.
To read about the suggested “back-up plan” in the Motley Fool article by Maurie Backman, click here.