Headlines
Social Security: Myths, Legends and Fairy Tales
“Put your coat on or you’ll catch a cold.” I lost count of how many times I heard that fairy tale growing up. I’ve even repeated it many times, though I try my best these days to not utter the…
Have politicians “raided” the Social Security Trust Funds?
Like many seniors, I take a keen interest in America’s Social Security System and its operations, even though I entered the program a decade ago and recognize that I will be living with the decisions I made back then. My interest, then,…
Workforce Participation Growth: Good, but…
Citing “a high degree of certainty” that Social Security’s much-publicized looming insolvency problem is not self-correcting, Mecatus Center’s Charles Blahous, in a post on www.cnsnews.com, challenges financial media accounts of the projected impact of improvements in the U.S. labor force growth…
116th Congress Could Add Emphasis on Social Security Changes for Women
The issues of gender pay equality and caregiver credit could acquire new emphasis in the 116th United States Congress as the result of influence expected to result from the voices of the 127 women sworn in on January 3. With issues like improved…
A One-Year Reprieve for Social Security’s Deficit Situation?
Last year’s Tax Cuts and Jobs Act (“Act”) has created what may be a brief respite in the continuing spiral toward a position of insolvency for Social Security, according to a post by The Motley Fool’s Sean Williams. His post suggests that…
Another Attempt at Clearing Up the Bankruptcy Misconception
Many of our readers are aware of the AMAC Foundation’s Social Security Advisory Service, a free-to-the-public source of assistance to thousands of seniors facing the complexities of this massive program. In addition to helping folks interpret Social Security’s detailed rules…
Working while collecting Social Security – the “earnings test”
The “earnings test” is a Social Security rule which confounds numerous people who decide to claim their benefits before they stop working. Age 62 is the earliest you can claim Social Security benefits, but many people aren’t yet ready to…
A primer on Medicare for those turning 65
Medicare is not a one size fits all program, and its various parts and options can be very confusing. It gets even more complicated if you are working and are still covered by your employer’s heathcare plan, because some employer…
SSDI attorney fees may be more for court representation
According to Social Security law, attorney fees for Social Security Disability Insurance claims are limited to 25% of recovered back benefits or $6000, whichever is less. But in a recent Supreme Court ruling it was determined that the cap applies…
What are the odds that Social Security will “go broke?”
As most of us who now or will soon collect Social Security have heard, on its current trajectory Social Security will exhaust its Trust Funds by 2034. That is, unless Congress acts before that to restore the program’s financial health, similar to what…