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The Murky World of Social Security Myths and Misunderstandings

They’re everywhere…and we encounter them with amazing frequency here at the AMAC Foundation Social Security Advisory Service. “Social Security is going broke” and “Politicians Stole the Money” are probably the most frequent myths we encounter, with allegations of the program being a “Ponzi Scheme” following close behind. We also routinely field questions about social media claims of special bonuses and benefit “boosts” available to segments of the public. Here’s an example of one such rumor floating in cyberspace explained by Lead Stories’ Christiana Dillard in a post on their website. Check out her post here…

And by the way, with respect to the three mythological examples cited above, the answers are No, No, and No!

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