Headlines
What unretired workers need to know about Social Security
Are you part of the new “unretire” trend among older workers? According to the New School’s Schwartz Center for Economic Policy Analysis, 2.9 million workers between the ages of 55 and 70 have retired due to the pandemic. Following the…
What that earnings cap means for the Social Security trust fund
The Social Security tax rate is 6.2 percent, which is withheld from your paycheck; however, it applies only to the first $184,500 of your annual earnings for 2026. If you are self-employed, the Social Security portion of your self-employment tax…
The tax savings now could lead to greater costs later
In the 2025 Social Security Trustees report, the Old-Age and Survivors Insurance (OASI) Trust Fund (Social Security) will be able to pay 100 percent of total scheduled benefits until 2033; however, according to a projection from the Congressional Budget Office…
SSI Recipients Are Eligible for Discounted Internet Service Through the Lifeline Program
(Source: Social Security Administration) As more services move online, we recognize that accessing these services can sometimes be challenging for your clients. We want to share information about the Federal Communications Commission (FCC) and the Universal Service Administrative Company (USAC)…
Social Security Changes Aimed at Reducing Fraud
There have been many articles published about a recent announcement by the Social Security Administration requiring certain people to provide in-person proof of their identity. Many of the public media accounts have been misleading or confusing, sometimes written with a…
A Perspective on Taxation of Social Security
“How can I avoid having my Social Security benefits taxed?” That is a question we are regularly asked here at the AMAC Foundation’s Social Security Advisory Service. And the unfortunate answer for many who ask is that “you cannot!” As the old…
Social Security Legends, Lies, and Misunderstandings
It never ceases to amaze me how some legends and myths grow over time, to the point that they are viewed as true, regardless of how inaccurate they might be. “Repetition does not transform a lie into a truth”[1] The…
Demystifying Social Security for Couples
For a couple, developing a Social Security (SS) claiming strategy can be challenging because there are several key factors which, together, influence the best claiming option for each partner. Those key factors are: ● Personal benefit disparity (difference between each…
Bad News for Social Security Beneficiaries?
This article, though somewhat pessimistic, suggests that Social Security is on a collision course with insolvency in the very near future. And if you regularly read articles published on this website, you are already aware of that dilemma – the…
Demystifying When to Claim Social Security Retirement Benefits
Claiming Window is 8 Years Long Perched high on our list of Frequently Asked Questions is this: “When should I claim my Social Security retirement benefits?” That’s not surprising, since there is an 8 year window, starting at age 62…