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Calls for a bipartisan commission on Social Security

During the Senate Finance Subcommittee on Social Security, Pensions, and Family Policy’s meeting held on June 24th, the committee heard from politicians on both sides of the aisle and experts in economics, small businesses, and Social Security, calling for congressional…

“Retirement Security” – For Your Dependents Too! 

Building a nest egg for retirement is crucial, but Social Security (SS) will also play a big part in nearly everyone’s retirement planning. So, during that retirement planning process, don’t forget to consider your dependents, because the point at which you claim SS has a profound effect on your dependents as well.…

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…

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 –…

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…

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…

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…

Social Security and the National Debt

Does Social Security contribute to the national debt? According to this article published by the CATO Institute, yes it does. This once again becomes a discussion topic on the heels of the recently published annual report by the Trustees of…

Social Security Insolvency Nearing, but There is Still Time to Reform it.

In this very interesting and accurate article by David Timmons of the National Taxpayers Union (NTU), the author discusses the recently released report from the Trustees of Social Security, providing an excellent outline of the problem and how it might…

Here we go again!  Myths About Social Security!

Over the years, I and my AMAC Foundation colleagues have written numerous times about Social Security myths, especially the most pervasive myth of all – that politicians have “stolen” (or otherwise squandered) Social Security money for other purposes. That myth…

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