The Commission on Sustaining Medicare and Social Security Act

Congressman Gus Bilirakis has reintroduced the Commission on Sustaining Medicare and Social Security Act. H.R. 9089 would establish an independent, bipartisan commission of experts tasked with identifying solutions to ensure the long-term financial stability of both Medicare and Social Security…

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The Social Security Myth that Simply Refuses to Die! 

Here at the AMAC Foundation’s Social Security Advisory Service we deal with misconceptions about Social Security nearly every day. These largely include simple misunderstandings about how Social Security works – for example, rules on how benefits are calculated, including retirement benefits, survivor benefits, and,…

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The Universal Impact of Social Security Insolvency

Yesterday, the Committee for a Responsible Federal Budget’s (CRFB) Senior Vice President & Senior Policy Director, Marc Goldwein, participated in a discussion relating to CRFB’s “No State Spared: Mapping the Impact of Social Security’s Insolvency.” His comments addressed the interactive…

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The Changing Face of Retirement

For years, maybe decades, the common thinking on retirement was that you worked steadily, saved steadily, and when you reached that end-of-career marker — for many, age 65, but now 66 or 67 — you stepped off the treadmill and…

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A Frequent Question: How Did SSA Determine My Social Security Retirement Benefit?

One of the more frequently misunderstood items we encounter here at the AMAC Social Security Advisory Service is the belief that retirement benefits are based on one’s last 5 years of earnings. Some say the last 10 years, and some…

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“Ask Rusty – Why Don’t We Have a minimum Social Security Benefit?”

Dear Rusty:  I think we should have a Social Security baseline of $2,500 for each person. When I retire, my Social Security benefit will not be enough to survive. There are many of us who worked low paying jobs all…

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