Headlines
New retirement saving and rule changes
Why is saving for retirement so hard? Most of us don’t make enough decisions with the future in mind, so it’s easier to do nothing than to make a change. However, saving and planning for retirement will be easier in…
New Social Security rules for 2024
The new year is approaching rapidly, which means new rules for Social Security. Some of the new rules you will find will be beneficial to recipients and workers, but the other rules are not so much. The beneficial rules for…
Social Security claw back policy numbers
This year, the Social Security Administration has come under scrutiny by Congress and the media for its clawback policy. Social Security clawback policy is when the program, by administrative error, has overpaid recipients; the agency then collects the overpayment by…
Christmas Greetings from the Social Security Report Editorial Staff!
On behalf of the Association of Mature American Citizens and the AMAC Foundation, the Social Security Report’s editorial staff extends to all of its readers a sincere wish for peace, comfort, and joy during this Holiday Season
Social Security Administration Feeling The Heat…AMAC Foundation Is The Answer!
Amid a steady stream of backlash and criticism, Social Security Administration (SSA) officials find themselves in a defensive stance as they deal with accusations of incompetence and poor service. Whether the disparaging assertions are related to excessive telephone wait times,…
Culture Wars and Social Security…A Changing Landscape
As we wind down this turbulent year, we see a spate of media commentary that smacks of warfare across the generational spectrum regarding Social Security. First, there was the December 11 piece by Andrew G. Biggs (“No, Social Security Isn’t…
Assessing the “Inevitability” of Social Security’s Insolvency
So much of today’s economic and political rhetoric, as well as many studies of Social Security’s steady financial decline, focuses on the predictable consequences of the program’s deficit situation. Many solutions are on the table, and someday they will get…
Senate Confirms Former Maryland Governor as SSA Commissioner
On a 50-11 vote, the U.S. Senate yesterday ended the two-year absence of a permanent Social Security Administration leader. Former Maryland Governor Martin O’Malley will assume the position of Commissioner for the agency, replacing acting Commissioner Kilolo Kijakazi and taking…
“Clawback” Matter Rises on Congressional Priority List
The Senate Finance Committee last week announced its intent to accelerate attention to the Social Security Administration’s massive overpayment problem…the problem through which more than two million Americans each year are subject to demand letters for repayment of benefits they’ve…
Eliminate the Payroll Tax Cap?
The payroll tax cap – the amount of earnings on which workers must make Social Security FICA or SECA (self-employment) contributions – is a metric which many politicians target in their quest for a solution to Social Security’s looming financial…