Latest News
You are Responsible for Your Own Retirement
The majority of business owners do not have an adequate retirement plan in place for their workers, it is becoming more and more the sole responsibility of the individual to plan for their own retirement. It has always been on the shoulders of the individual to make sure they have enough put away to sustain themselves, but in the past they have always been able to rely on the help of pension plans, 401(k)s, and Social Security to bolster their own savings. Business owners are not providing because they do not see a benefit to the company to supply a good retirement plan. For more insight on this topic, read this article by Russ Alan Prince with Forbes.
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.