In 2013, AMAC—The Association of Mature American Citizens—took a big step with the creation of the AMAC Foundation, Inc., a registered 501(c)(3) non-profit entity designed to serve Americans. The Foundation’s mission is to help protect and ensure the financial security, health, and social lives of current and future mature Americans, and to help Americans navigate the bewildering array of decisions they need to make.
The Foundation’s projects and plans include providing factual information that improves understanding of the positive value of Social Security and Medicare and the current and long-term challenges these programs face, as well as providing interpretations by Certified Social Security Advisors through AMAC publications, workshops, webinars, podcasts, and telephone support.
In addition, the Foundation serves all Americans in a variety of capacities, including provision of a source of education on the principles of American Free Enterprise, long-term retirement financial planning, and preparing for life—and potential employment—after retirement.
We invite you to learn more about the Foundation and its operations at www.AmacFoundation.org
The Motley Fool’s Katie Brockman provides a review of the financial benefit–in terms of monthly payments–resulting from delaying one’s Social Security benefits until age 70, citing the “advantage” that accrues in the form of 8% delayed retirement credits each year. Her 96% headline refers to the fact that only 4% of filers opt to defer benefits to maximize their monthly payout, while her post accurately points out that filing earlier than that is a correct strategy for some. Read her post here…