Americans on the threshold of retirement—along with those beginning to look long-term at their retirement plans—are faced with a bewildering array of options, policies, and decision criteria that must be evaluated to ensure that they make the right choices at the right time. Guidance to navigate these bureaucratic waters is scarce, often limited to simple assistance in completing the forms necessary to activate the decisions that must be made. Advice on what is right for the individual is difficult at best to come by.
At AMAC, we recognize this situation, and have taken steps to provide a solution. A few months ago, we formed the AMAC Foundation, a tax-exempt non-profit [501(c)(3)] organization designed to broaden older Americans’ understanding of our country’s Social Security and Medical Care Systems. The Foundation is dedicated to assisting older Americans in understanding the options available to them as they make life decisions.
The Foundation is organized to help protect and ensure the financial security, health, and social lives of current and future mature Americans through information, education, and research on Social Security, Medicare, and related issues. The Foundation’s vision is to serve as a source of guidance for an ever-growing segment of America’s citizenry, especially those having questions, concerns, or information needs relative to Social Security issues. To accomplish this, the Foundation will:
- Provide factual information that improves understanding of the positive value of Social Security and Medicare and the current and long-term challenges these programs face;
- Track current and proposed legislation and public pronouncements on Social Security and Medicare and assess the impact of these developments on older Americans;
- Provide advice by Certified Social Security Advisors through AMAC publications, workshops, webinars, podcasts, and telephone support;
- Provide advice and guidance on the impact of the Patient Protection and Affordable Care Act and other healthcare legislation on mature Americans, including ways to maximize benefits and minimize penalties; and
- Serve all Americans in a variety of capacities, including provision of a source of education on the principles of American Free Enterprise, long-term retirement financial planning, and preparing for life—and potential employment—after retirement.
Philosophically, the Foundation embraces the principles of the free enterprise system and recognizes the role that free enterprise has played historically in achieving prosperity for America. The Foundation also recognizes that many Americans share their wealth to help those who are less fortunate, who do not have the resources to obtain the help they need, or who may have reached an advanced age. Accordingly, the Foundation seeks to offer an outlet for this philanthropy by encouraging potential benefactors to play a part in achieving its vision of service to Americans.
There are many for-profit enterprises across the country to provide advice to wealthy Americans as they deal with their individual decision-making tasks; unfortunately, most older Americans cannot afford the fees associated with these private enterprises. Accordingly, the AMAC Foundation is designed to provide the counseling to at-risk older Americans with low to moderate incomes. In addition, the Foundation will provide similar services for virtually any population segment having a need for guidance on Social Security-related issues. These services will be offered at either no cost or with minimal fees.
To learn more about the Foundation, visit us at www.AMACFoundation.com, or contact us at:
312 Teague Trail, Suite 200
Lady Lake, FL 32159