SOCIAL SECURITY AND CHILDREN - AMAC Foundation 

Children May Be Entitled To Social Security Benefits  Were you aware that when an adult is receiving Social Security retirement, survivor, or disability benefits, their child or children may also be eligible to receive benefits?  There are certain guidelines SSA uses to determine if children…

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Social Security Insolvency Needs “Attention, Not Panic”

It seems every day we see a new report on Social Security’s rapid descent toward financial insolvency, with many recent articles reinforcing the probability of a 2032 full depletion date for the trust funds. The projections for benefit cuts that…

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Digesting President Trump’s Retirement Plan Announcement

An estimated fifty million Americans have no formal retirement plan, and the average person receiving retirement benefits collects roughly $24,000 per year[1]. Accordingly, most retired workers rely on Social Security as a significant portion of their retirement income. For many…

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CBO Weighs In on Insolvency Projections

Although the official 2026 Social Security Trustees Report is still weeks away, most insolvency forecasts have been centered on 2032 as the date of full depletion for the program’s trust fund reserves. The  Congressional Budget Office (CBO) recently cemented this…

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Social Security Insolvency: A Contrarian Viewpoint

Social Security’s looming insolvency is drawing increasing attention in a growing number of media outlets, including those affiliated with prominent think tanks providing policy assistance to legislative bodies. Within this swell of attention, there seems to be a consistent view,…

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“Ask Rusty – Is There Income Tax on Social Security Benefits?”

Dear Rusty: The Trump Administration is saying that now there will be no taxes on Social Security benefits. Since we’re getting ready to start our 2025 income tax return, can you explain how this all works? Signed: Confused Taxpayer Dear…

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