DOJ Details Results of Fraud Crackdown

In a press release from its Office of Public Affairs, the U.S. Department of Justice outlined the results of a one-month, focused criminal investigation surge in which it brought charges against 17 defendants alleged to have committed fraud against Social Security. The total value of the fraud cases exceeded $1.3 million. “The Social Security Administration’s benefits programs are meant to safeguard America’s elderly and most vulnerable — not to bankroll fraudsters,” said Assistant Attorney General Colin M. McDonald of the Justice Department’s National Fraud Enforcement Division. “Every dollar stolen is a dollar taken from a retiree’s medicine, meals, or housing. These cases represent just a fraction of the fraud we are aggressively pursuing every day. The egregious facts uncovered in these cases underscore why our mission to combat fraud — large or small — is vital to protecting public trust and ensuring justice.”

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Some “outside-the-box” Thinking about Social Security Reform

As is evident within these pages at the AMAC Foundation’s Social Security information website, as well as in other media outlets, the nation’s treasured senior benefit program, Social Security, is in financial trouble. This is best seen in the annual…

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Social Security’s Solvency Debate Continues

The really good news these days is that Congress is finally waking up to address a problem which we, here at the AMAC Foundation, have highlighted for many years - the Social Security program urgently needs to be reformed!! Even…

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Military Veterans, the VA, Medicare, and Social Security

It’s hard to find someone who doesn’t personally know, or is related to, a veteran of the U.S. Military.  By some calculations, there are as many as 18 million living veterans, or about 6% of the U.S. population. And we…

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“Tax the Rich” viewed as a panacea by some - but will it save Social Security?

Each year, the amount of earnings subject to Social Security payroll tax inexorably increases, causing affluent Americans to pay even more into the Social Security program. To illustrate, the so-called “taxable maximum” for Social Security has increased from $142,600 just…

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“Is My Daughter Making a Bad Decision? - Claiming Widow's Benefits Early”

Should a widow claim Social Security benefits at 62 while she’s still working, or wait? Rusty explains how early-claim reductions, Social Security’s earnings limit, and taxes can affect the decision.

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