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The Foundation’s mission is to help protect and ensure the financial security, health, and social lives of current and future mature Americans, and to help Americans navigate the bewildering array of decisions they need to make. In 2013, AMAC-The Association of Mature American Citizens-took a big step with the creation of the AMAC Foundation, Inc., a registered 501(c)(3) non-profit entity designed to serve Americans.
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Visit the Association’s website at to learn more about AMACs proposed solution and to obtain a copy of a document outlining the steps that AMAC advocates to resolve this very serious problem. The Association is gaining ground every day, and you can help-support AMAC in this fight by contacting your congressional representative to add your voice! John Larson (D-Conn.) and merging them with the Association’s original legislative framework to create the new Act.ĪMAC 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. Most recently, AMAC has developed a bipartisan compromise bill, titled “Social Security Guarantee Act," taking selected portions of bills introduced by Rep. If left unchecked, projections are that this depletion will cause the Trust Fund balance to be exhausted by 2034, with the result being a scale-down of payments-as much as 25%-to Social Security recipients.Īs an action-oriented association, AMAC is resolved to do its part to call for action on this very serious problem. Put simply, the program is paying out more than it’s taking in, causing a gradual depletion of the Social Security Trust Fund. SeptemLearn more about Medicare and determine the type of coverage you’ll needĪMAC’s founder, Dan Weber, has been in the forefront of the fight to address the problems facing America’s Social Security program.SeptemCollecting Social Benefits Without a Work Record…How’s That Happen?.SeptemAlways Consider Spousal Benefits When Timing your Entry into Social Security.SeptemCOLA Watch: Another Forecast of Substantial Increase.18 out of 44 countries in retirement index SeptemEliminating the backdoor Roth IRA strategy.SeptemShould you stop contributing to your retirement savings?.SeptemChanges may be coming to your 403(b).SeptemStrive for a balance between saving for retirement and living.Save my name, email, and website in this browser for the next time I comment. Join the discussion and let your voice be heard. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc. The URL (internet address) for this link is valid on the posted date cannot guarantee the duration of the link’s validity.
UNPACKING PLATFORMS FULL
Notice: The link provided above connects readers to the full content of the posted article. Although the article is focused on a specific Congressional District race, it does represent a fairly generic picture of the thinking on Social Security’s near term horizon. From differences on changes to Social Security’s full retirement age to conjecture on the veracity of President Trump’s payroll tax changes, with challenges to the handling of tax exemption for individual retirement arrangements in between, the dialog between these two candidates serve to highlight the fundamental differences between the two major party platforms. The differences in policy approaches advocated to-date are receiving more and more scrutiny in the final laps of the race, and some clear examples of these differences can be found in an exchange between candidates for Pennsylvania’s hotly contested 10th Congressional District contest.Īs outlined in a post by The Sentinel Investigative Reporter Zack Hoopes on , the policy differences are striking. There are specific differences between the Democrat and Republican platforms, even though both express an interest in protecting the program for the long term. As the run-up to November 3 Election Day enters its final stages, Social Security continues to take on renewed interest among those yet to vote.