AMAC was founded by Daniel C. Weber, a retired insurance agency owner.

AMAC is open primarily to older Americans over 50, although anyone under 50 can join as an associate member.

A home equity conversion mortgage (HECM) is the most common type of reverse mortgage; it’s only available to people over 62.

The American Association of Retired Persons (AARP) is a popular advocacy group that is supposed to be dedicated to lobbying. With its wide range of services, including health insurance products, healthcare, social security advice, and Medicare advocacy, the nonprofit organization has secured its place as a crucial resource for older Americans.