Headlines
Are You Ready To Retire?
Deciding when to hang up those work clothes is, arguably, one of the most important decisions you’ll make in your lifetime. So it follows that it’s very important to fully evaluate whether you’re actually ready to retire, not only from the…
Are Social Security Benefits Taxable?
The short answer is “maybe,” depending on the amount of your total income from all sources, including half of your Social Security benefits for the tax year. Your so-called “provisional income” – your Adjusted Gross Income on your tax return,…
Social Security Disability Denied? What to do next
The stories are numerous and varied about how difficult it is to be awarded Social Security Disability Insurance (SSDI) benefits, and most stories lament that benefits were denied, or how long the process takes, especially during an appeal. The reality is that…
Thinking of Claiming Early to Avoid Depleting Savings? Not so fast!
Planning for retirement can be a challenging exercise, especially when it comes to evaluating your savings and how to make sure they’re not depleted before you die. Many people about to turn 62, the earliest you can collect Social Security…
AMAC Says Preserve & Modernize Social Security Now
President Biden and the 117th Congress will confront a Social Security program facing long term financial problems whether either likes it or not. Life expectancy has increased by over 20 years since the program began in 1935. Biden campaign promises of…
Gen Z and Millennials Continue to Lack Faith in Social Security
Polls have suggested for more than a decade that younger Americans do not believe the Social Security program will be there for them. Megan Leonhardt of CNBC writes here on a study by Northwestern Mutual’s 2020 Planning & Progress. It finds…
Social Security and Death: What Happens Next?
When someone receiving Social Security benefits passes away, most people know that monthly benefits must soon stop. But when? Who notifies who? You may wonder how the government knows to stop sending that monthly money. What if there is a surviving spouse or…
10 Things Social Security Recipients Need to Know About Their Second Stimulus Check
Rocky Mengle of Kiplinger admits there are a few special rules that only apply to Social Security recipients, thus making it a bit more difficult for those folks to learn the ins and outs of second-round stimulus checks. This highly informative article…
The Second Stimulus, Social Security Recipients, and More
In a trio of articles here by Alison DeNisco Rayome and others of cnet.com, she covers all that one would want to know about the second round of stimulus payments passed by Congress and signed by President Trump at the end of…
New Year’s Greetings from the AMAC Foundation!
The editorial staff at the AMAC Foundation’s Social Security Report extends its wishes for a very happy, healthy, and prosperous New Year. We hope that 2021 brings with it an end to the unfortunate circumstances of 2020, and we that all find renewed…