Ask Rusty – Why Don’t They Just Create Individual Social Security Accounts?

June 19, 2026 | Presenting: Presenting: Russell Gloor - AMAC Foundation Social Security Advisor

“In this podcast, Rusty explains to someone who favors Social Security benefits being based on individual contributions to the program, why that isn’t really a good idea.  That’s because SS benefits based only on contributions might very well run out before the person dies, likely causing many people to live their later years of life in poverty.”

This recording presents the viewpoints of the AMAC Foundation’s Social Security Advisory Staff, trained and accredited under the National Social Security Advisors program of the National Social Security Association, LLC (NSSA). NSSA and the AMAC Foundation are not affiliated with or endorsed by the United States Government, the Social Security Administration, or any other state government. To request additional information, contact our Advisory Staff at 888-750-2622, or email us at SSAdvisor@AmacFoundation.org.