Headlines
Solving Social Security’s Financial Woes
If you read the news at any level, you are surely aware that the nation’s premier retirement program – Social Security – is facing some serious financial issues in the near future. In fact, the latest report from the Congressional…
Veterans and the “Special Extra Credit for Military Service”
Over the years, here at the AMAC Foundation’s Social Security advisory service, we have fielded many questions from veterans about something known as a “Special Extra Credit for Military Service.” Those who contact us are usually informed of this seemingly…
Is Social Security’s insolvency problem understated?
While analysts and economists anxiously await the “official” 2026 Social Security Trustees report, concerns are being raised about the trajectory of certain key performance indicators. One such indicator is the U.S. population’s fertility rate, a marker of what the future…
CBO’s FRA 70 Budget Option Analysis Explored
Today’s post by North American Community Hub Statistics writer Jannik Meyer examines what’s shaping up to be perhaps the most controversial issue Congress will face when its focus finally shifts to the looming Social Security insolvency problem. And anyone following…
Memorial Day 2026: Summer Begins, Plans for America 250 Ramp Up
It may be a revered annual tradition, the nation’s largest Memorial Day event, but this year the National Memorial Day Parade in Washington, DC, brings with it a focus on the story of service and sacrifice across our first 250…
Closing Out the Week: A Look at Options to Address Insolvency
Whether it’s 2034, 2032, or 2031, the end of the road for Social Security’s asset reserves — the trust fund balances — is rapidly approaching. Along with that, of course, is a projected catastrophe in the form of a substantial…
AI and Social Security, Retirement Planning: Cool, but be Careful!
Artificial Intelligence (AI) is here, and has been for some time. It’s not new, but the concept and its tools are hitting us at an exponential rate as more innovators push for more ways to incorporate AI technologies into business…
Assessing the “Sovereign Wealth Fund” Insolvency Solution
A recent Senate Budget Committee hearing provided a forum for Senator Bill Cassidy (R-LA) to showcase a bipartisan proposal he and Sen. Tim Kaine (D-VA) have advanced for consideration to address Social Security’s looming financial disaster. The Cassidy/Kaine proposal, dubbed…
SSA Announces Change in Direct Express® Program Operations
The Social Security Administration today announced that Fifth Third Bank is the new financial agent for the Direct Express® program, replacing Comerica Bank. The announcement from SSA Chief Communications Officer Nick Perrine notes that “New enrollments with Fifth Third Bank…
Will “Means Testing” Drive a Solution to Social Security’s Insolvency Dilemma?
As we await publication of this year’s annual Social Security trustees report, we’re seeing a fairly consistent assumption that the trust fund depletion date will be “officially” advanced to 2032. Some pundits also hint at 2031 as a more realistic…