Headlines
Taxation of Social Security Benefits Was Not Eliminated
The “One Big, Beautiful Bill Act,” which President Trump signed into law on July 4, has generated questions regarding the issue of benefit taxation. Here are some details that explain the new provision. The taxation of Social Security benefits has…
Remaining in the workplace after claiming benefits?
Many folks remain in the workforce after claiming their Social Security retirement benefits, some on a part-time basis, some full-time. Often, one of their beliefs is that continuing to be subject to the payroll tax—the FICA tax—will increase their monthly…
Medicare Part B and The Hold Harmless Rule
We’re one month into the compilation of statistics leading to determination of Social Security’s 2026 cost-of-living adjustment (COLA). Inflation has cooled considerably while health care costs have not, causing attention to focus on what impact expected Medicare Part B premium…
Choosing A My Social Security Account Sign-in Method
You have the choice between creating either an ID.me or Log.In.gov account. They both allow you access to multiple government agencies. There is actually little difference between the two. Login.gov has better alternatives for authentication if you don’t always have…
Are Baby Bonds a step toward Privatizing Social Security?
Some say this is true. Others say the Trump Accounts are an additional government program that works with Social Security to increase American’s wealth. Jessica Hall for Morningstar explains here… Notice: The link provided above connects readers to the full content…
A Backtracked Social Security Decision
President Trump signed an executive order in May to convert all paper check payments from the government into digital form. However, following a meeting between Senator Elizabeth Warren and Social Security Commissioner Frank Bisignano, it has been announced that these…
Recent survey results shows Seniors have opinions on how to reform Social Security
With the Social Security trust fund currently on track to reach insolvency by the mid 2030’s, there are many ideas about how to reform Social Security to make it last for generations. A recent survey shows that older Americans have…
Frustrated with Social Security Taxes? Why are they taken out of my paycheck?
Workers who earn (and their employers) must contribute to Social Security via payroll taxes to fund the program. When the program first started, certain employees and their employers were required to each contribute 1% of the employee’s first $3000 of…
Myths – Part II: The Social Security Myth that Simply Refuses to Die!
Here at the AMAC Foundation’s Social Security Advisory Service we deal with misconceptions about Social Security nearly every day. These largely include simple misunderstandings about how Social Security works – for example, rules on how benefits are calculated, including retirement…
Social Security Myths and Misunderstandings
Social Security Myths are Pervasive In my efforts to explain Social Security to those who ask questions, it is often necessary to provide information contrary to the questioner’s understanding of how Social Security works. Some folks who write us possess…