Social Security Plus
Washington has some big ideas for how to fix the Social Security problem
The Social Security program was never intended to be the sole source of income for American workers in their retirement. However, according to the Social Security Administration, more than 50% of seniors aged 65 and above rely on Social Security…
Social Security’s Problems Should be Above Politics and Pandering
A plethora of bills are routinely introduced in each Congress, mostly by Democrats, promising higher benefits, whether in the form of cost of living adjustments, one-time payments, or permanent minimum benefit increases. The problem with nearly all, which are intentionally…
Social Security PLUS – The Time is Now
News stories of people caught completely off guard with no savings when the pandemic hit were aplenty. But a year later stories are now being written that show many Americans flush with cash after little to spend their money on in…
Pandemic Should Reinforce Need for Savings & Social Security PLUS
If there’s one thing the global pandemic should have taught us, let’s hope saving money for unforeseen events is one of them. The savings Americans should have had in the bank but did not in 2020 greatly contributed to misery…
Pandemic reinforces need for savings & AMAC’s Social Security PLUS plan
Next week (Feb 22-26, 2021) is America Saves Week. If the global pandemic has taught us anything, we should hope that saving money is essential. The savings Americans should have had in the bank but did not in 2020 greatly…
Pandemic reinforces need for savings & AMAC’s Social Security PLUS plan
If anything was laid bare by the Covid-19 mandatory closures, it was the savings Americans should have had in the bank but did not. Financial experts have been near unanimous for decades that everyone needs six months of income readily…
The Age When Most People Start Saving for Retirement
“Saving for retirement is a lifelong process,” says Katie Brockman of The Motley Fool. A report from Charles Schwab states that 1/3 of Americans think they’ll need between $1 million and $3 million saved to retire comfortably. A recent survey from Morning Consult found nearly 40% workers…
Addressing the Solvency Issue–A Cause and Effect Discussion
Political analysts Yuval Levin and James C. Capretta, in a post today on The Weekly Standard, take aim at America’s deteriorating financial situation, at the core of which they assert is the steadily growing federal deficit and it’s projected 10-year…
Reflections on President Trump’s Executive Order on Retirement Savings
As the Labor Day Holiday Weekend arrived, President Trump traveled to Charlotte, North Carolina to officially sign his latest Executive Order, “Strengthening Retirement Security in America.” As explained in the numerous media accounts of the event, this presidential directive is aimed…