The Social Security Solvency Dilemma–Some Thoughts for All Age Groups
If you’ve kept up with media accounts of Social Security’s looming solvency problem, it’s no secret that absent substantial corrective measures, benefits face reduction in the not-too-distant future. There have been quite a few corrective proposals put forth, but whether or not anything happens in the near term is anybody’s guess. In the meantime, though, it’s incumbent on all future beneficiaries to give thought to actions they can take to soften the impact on their individual situation, and Chicago-based business journalist Kira Brecht outlines them in an article posted today on tickertape.tdameritrade.com. Read her article here…
And while we’re on the subject of Social Security reform, it’s important to note that AMAC’s founder, Dan Weber, has been in the forefront of the fight to address the problems facing America’s Social Security program. As an action-oriented association, AMAC is resolved to do its part to call for action on this very serious problem. In fact, AMAC has developed a simple, actuarially sound solution that has been advanced to Capitol Hill. AMAC representatives have been resolute in their mission to get the attention of lawmakers in Washington, meeting with many, many congressional offices and their legislative staffs over the past several years. The Association is gaining ground every day, and you can help–support AMAC in this fight by joining the “AMAC Army” and contacting your congressional representative to add your voice!
Visit the Association’s website at www.AMAC.us to learn more about AMACs proposed solution and to obtain a copy of a free booklet outlining the steps that need to be taken to resolve this very serious problem.
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.