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The path to long term Social Security trust fund solvency without raising taxes
What is the one program that younger Americans tend not to think about, but most older Americans depend on it: Social Security. According to estimates, Social Security trust fund reserves will become depleted by 2034 if Congress does not make a hard decision and act soon. In Robert B. Charles’ article, he states “we should take taxes off the table, think in terms of perpetuating our high growth economy, remember Social Security was born in the Great Depression, when unemployment levels were off the charts.” Click here to read the rest of his article.
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.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.