retirement

The Next Generation to Worry About Retirement  — Consumer Affairs

Right now, most of the talk is centered on Baby Boomers when discussing retirement. Generation X is also feeling the pressure. The Great Recession hit Baby Boomers hard, with many having to dip in to savings to stay afloat, but…

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AMAC Awards

AMAC Hosts its 4th Annual Award Reception

On September 23rd the 1.4 million member seniors’ organization, The Association of Mature American Citizens (AMAC), hosted its 4th Annual AMAC Award Reception.  With over 200 people cramming the Budget Committee Hearing Room, AMAC presented its highest honor to Representatives…

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Women Saving for Retirement  — CBS

A recent report from Congresswoman Carolyn Maloney detailed the troubles faced by women in the Social Security system and retirement. The report found that on average women earn $10,800 less than men each year while working, totaling as much as…

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Social Security Building

Why Social Security Matters to over 60 Million People

More than 60 million people rely on Social Security benefits to make ends meet.  But it’s well known that Social Security’s long range outlook reveals concerns about future benefits being affected.  This Miami Herald article by Associated Press reporter Stephen…

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Living in Retirement Without Savings  — Forbes

The most important part of a secure retirement is having ample savings. Most experts agree and regularly discuss the importance of this, typically stressing the consequences of ignoring this advice. There are, however, many examples where retirees live comfortably on significantly less savings…

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“Are members of religious groups exempt from paying Social Security taxes?”

Answer: Members of certain religious groups (including the Amish and Mennonites) may be exempt from paying Social Security taxes. To become exempt, they must: Waive their rights to all benefits under the Social Security Act, including hospital insurance benefits; and Meet…

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