What to expect from Social Security - CNBC
The headlines about Social Security insolvency are scary to most Americans. According to a recent survey from NerdWallet, “36 percent of Americans under age 65 don’t think that Social Security will be available to them by the time they retire.” What is not made clear is that “if Congress doesn’t act, Social Security could soon be headed for diminishment — but not extinction.” Yes, Social Security will be able to pay benefits; however, it will be at 77 percent of what they are owed. Ryan Ermey, writing for CNBC, outlines the steps you can take to prepare for the possibility of a cut to your Social Security benefits. Take action today: read Mr. Ermey’s article to learn specific strategies you can implement. To read the article, click here…
The Association of Mature American Citizens (AMAC, Inc.) believes Social Security must be preserved and modernized to meet the demands of 21st-century economics. AMAC is resolute in its mission to preserve Social Security for current and future generations and has garnered the attention of lawmakers in D.C., meeting with numerous congressional offices and staff over the past decade. To learn more about AMAC’s plans, 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.