Headlines
Bringing Social Security Reform Into Focus
While still far from a bipartisan agreement on Social Security reform, two U.S. Senators are pushing Congress to establish special commissions to seek needed reform of the Social Security program, as well as Medicare and the Highway Trust Fund. With…
AMAC Foundation Releases 2021 Annual Report
The AMAC Foundation’s 2021 Annual Report has received Board approval and is now available for inspection on the Foundation website’s Resources page. The report recaps the Foundation’s activities for the year, emphasizing the momentum built during its eight years of…
Commission on Long Term Social Security Solvency Proposed in New Bill
Wibw.com Digital Producer Sarah Motter, in a post on their website, takes a look at H.R. 6581 introduced by Rep. Tom Cole (OK-04) and co-sponsored by Rep. Jake Laturner (KS-2). The bill, introduced earlier this month, calls for a 13-member…
Social Security Field Offices May Re-Open Soon
Word on the street is that the Social Security Administration is considering a return to face-to-face service at its field offices around the end of March, two years after closing in the face of the COVID-19 pandemic. Barring any further…
Sen. Joe Manchin Weighs in on Social Security Solvency
Recapping remarks by West Virginia Senator Joe Manchin on a WV Metro News program, politico.com reports that the Senator supports raising the Social Security taxable earnings base as a solution to the program’s solvency problem. Manchin’s remarks were echoed in…
Social Security “bridge” strategy
What would happen if employers could increase the availability of lifetime income? How? By adopting a Social Security “bridge” strategy within the 401(k) plans that they offer their employees. A recent study by the Center for Retirement Research at Boston…
Hand-in-hand into the golden years
For some couples, retirement means reconnection, while others continue the same as always, whether good or bad. Researchers have found “part of successfully planning for retirement depends on how directly involved your partner is in your retirement planning decisions and…
What can Congress do about Social Security’s funding issue?
The Social Security Administration reports as of December 2021, over 56 million people were collecting Old-Age and Survivors Insurance (OASI) or better known as Social Security benefits, and a little over 9 million people were collecting Social Security Disability Insurance…
Most states won’t take a bite out of your Social Security benefits
Are you thinking of relocating to another state when you retire? Are you weighing the pros and cons of living in one state versus another? Besides the obvious reasons of moderate climate, family, housing costs, and good healthcare, there is…
Head into retirement with confidence
Social Security is the major source of income for older Americans. Over 8 in 10 Americans aged 65 and older receive Social Security. For 61 percent of those beneficiaries, Social Security is more than half their total income, and for…