Social Security Insolvency and the Effects of Lawmaker Procrastination

Social Security’s financial plight is quickly becoming a source of widespread media conjecture, and analysis from sources well-tuned to the program’s nuances makes it increasingly clear that a crisis is ahead for a large portion of America’s senior population. What’s…

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Social Security’s Taxable Maximum Drawing Congressional Attention

As the clock ticks toward a late-2032 financial catastrophe for America’s seniors, the rhetoric over what to do about the problem is also heating up. Evidence of this heightened interest surfaced earlier this week, with Senators Elizabeth Warren (D –…

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The 2026 Trustees Report: Challenging the “Optimistic” Assumptions

The June 9 release of the 2026 OASDI Trustees Report confirmed what was already known…Social Security’s financial position is worsening. Given the increasing volume of warnings from the trustees over the past decade, coupled with the growing concerns expressed by…

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Could raising or eliminating the tax cap fix Social Security?

The Current Population Survey conducted in 2025 found that 24 percent of Americans aged 65 and over reported receiving 90 percent or more of their income from Social Security. As Social Security is a primary source of income for so…

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Another Myth That Won’t Go Away!

In addition to helping folks with questions about how Social Security’s rules and regulations affect their personal situation, our Social Security Advisory Staff at the AMAC Foundation often takes a sidetrip into “mythland.” For example, many future retirees come to…

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“Ask Rusty – When Should My Wife Claim Social Security?”

Dear Rusty: We could use guidance on optimum dates for my spouse to begin taking Social Security (SS). She doesn’t have enough work credits on her own, so she will be using mine for spousal benefits. I was born in…

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