Headlines
How to reduce and pay off your debt and save for retirement
We all dream of a carefree retirement but most of us have too much debt. According to an analysis by Credible, it found that “among 60-somethings who owe student loan debt, the average balance is just over $33,000; plus add…
When should you sign up for Social Security?
You have a span of eight years to file for your Social Security benefits beginning at age 62 and ending at age 70; there’s no reason to delay filing past the age of 70. If you file for your benefits…
Social Security – What You Don’t Know CAN Hurt You
The foreword in our recently-published book on Social Security (“Ask Rusty: What’s So Hard About Social Security”) presents this daunting comment: “Let’s face it…Social Security is a massive program, with over 2,700 separate rules and regulations governing the financial benefits…
Viewpoints on the Future of Social Security
The recent introduction of the “Time to Rescue United States’ Trusts (TRUST) Act” (see this post from earlier this week) has brought a wave of commentary regarding Social Security, focusing on both its future and its solvency. For example, yesterday’s post here…
Concerns Expressed Over “TRUST” Act
Advocates for Social Security expansion have voiced concerns about the recently introduced “Time to Rescue United States’ Trusts (TRUST) Act” (see yesterday’s headline post on this site), suggesting that the approach outlined in the ACT’s design could bypass the normal legislative…
Proposed Action on the Social Security Solvency Issue
U.S. Senator Mitt Romney (R-UT), joined by a bicameral group of 16 Senators and House Representatives, introduced the “Time to Rescue United States’ Trusts (TRUST) Act,” outlining its focus to “create a process to rescue the endangered federal trust funds and rein…
Pandemic Effects on Retirees: Somewhat of a Mixed Bag
The job-related impact on older workers appears to have been more severe than the effects felt in younger segments of the workforce, as explained today in a startribune.com post by NerdWallet’s Liz Weston. “Older workers lost jobs faster and returned…
Social Security PLUS – The Time is Now
News stories of people caught completely off guard with no savings when the pandemic hit were aplenty. But a year later stories are now being written that show many Americans flush with cash after little to spend their money on in…
WEP & GPO: The twins that eat Social Security checks
Mike Causey, a senior correspondent for Federal News Network, writes about federal pay and benefit issues. He tackles what he calls the twin villains in this piece– the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO). He explains the…
Rethinking Social Security – Without Higher Taxes
AMAC’s National Spokesperson, Bobby Charles, laments that few politicians want to touch Social Security. With all the talk in the Biden Administration about tax increases, this piece from 2019 is being republished in its entirety here as way to get…