Headlines

What happened to my cost-of-living increase?

Some seniors are asking “Why didn’t my Social Security go up?” despite the biggest cost-of-living adjustment in years. Beginning this month, Social Security benefits were slated to rise by two percent; however, some seniors won’t see any boost at all.…

Brushing Up On Your Social Security Knowledge

Many of you have probably seen references to the MassMutual Financial Group survey a few years ago that found only about a quarter of the 1500 people quizzed able achieve a passing grade (7 out of 10) on a 10-question true-false test about…

Taxation of Social Security Benefits Likely to Remain Unchanged

In the wake of the Tax Cuts and Jobs Act’s successful passing, it appears that the unpopular taxation of Social Security benefits will remain in place. As explained by The Motley Fool’s Sean Williams, repeal of this 35-year old provision is…

Retirement Financing–Saving Really is Critical

Josh Clark of HowStuffWorks.com, in an article posted on money.howstuffworks.com, offers an understatement about the art (or science) of planning retirement finances. His comment: “Saving for retirement can be a bit difficult to figure out at first.” His article goes on to…

“Baby Boomers”–The Ultimate Revisionists for Retirement Life

What was once the retirement norm–age 65–is becoming a thing of the past. The “Baby Boom” generation is now dominating attitudes about the very concept of retirement, opting more and more to undertake new careers late in life, stay engaged in…

The Importance of Planning for Survivorship

Becoming a widow or widower is traumatic. No question about that, but what can make this life event even more distressing is the absence of a plan to deal with financial needs in the wake of a loss of a spouse.…

SSA Workforce Reductions Translate to Problems for Beneficiaries

Several years of budget cuts have led to the closing of more than 60 Social Security field offices, resulting in a substantial reduction in the number of hours available across existing Social Security staff to handle questions from those needing guidance and…

Happy New Year from the AMAC Foundation!

2017 marks the close of a successful year for the AMAC Foundation, and we’re pleased with the success of our programs in support of America’s Seniors. Most notably, we thank the many visitors to our Social Security Report and Medicare Report websites,…

The case for claiming Social Security early

It’s a question that has been asked since the Social Security program began – “When should I start my benefits?”.  Since Social Security is sure to become a very important part of your retirement income, the answer is never a…

Social Security: Your most important retirement asset

When you cut through all of the retirement “hoopla” found in magazines, online advice columns and newspapers, they will all include discussion of one of the most important assets you will ever have – an asset that you have earned from a whole…

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