Headlines
FSA to Stop Wage Garnishment, Collections Actions for Student Loan Borrowers
The Association of Mature American Citizens (AMAC) along with other consumer advocacy groups urged Education Secretary Betsy Devos to suspend the collection of defaulted federal student loans during the pandemic. In response, Education Department officials have ordered the private companies…
What is the impact of COVID-19 on Social Security?
In a very short time, the coronavirus (COVID-19) has changed the world. The impact of this virus will be felt to some degree by everyone and everything including Social Security. If you are one of the 64 million people currently…
Social Security Administration offices have closed but there’s no need to panic
The COVID-19 pandemic has had a huge impact not only on billions of people around the world but on United States government programs as well. The Social Security Administration offices have closed to the public because of the pandemic but…
AMAC Foundation’s Social Security Advisory Service Remains Open!
Recognizing the critical nature of what we do and its importance to those we serve, we’ve taken steps at the AMAC Foundation to maintain the continuity of our Social Security Advisory Service during the pandemic disruption sweeping the country. By re-deploying our…
Women and Social Security: The Importance of Leveling the Playing Field With Education
Effective retirement planning requires quite a bit of focused attention, but it also requires an in-depth understanding of the rules and options surrounding Social Security’s key decision points. In a post on plansponsor.com, Journalist and Editorial Assistant Amanda Umpierrez offers…
Coronavirus Stimulus Planning: Payroll Tax Reduction Still in Play
Details of a massive stimulus package to combat the economic fallout from the evolving coronavirus pandemic are still unfolding this morning in Washington, with direct payments vs. a payroll tax cut continuing to be one of the points of contention in…
Social Security and the Candidates: Who’s Saying What?
Political footballs are nothing new, especially in an election year. And Social Security reform has, as expected, risen to the attention of the remaining candidates for the Democratic presidential nomination. Just take a look at the exchange of viewpoints that surfaced…
A Beyond-the-Obvious Look at Social Security’s Problems
Yes, the baby boomers who contributed so much to the funding of Social Security over the years are retiring, and that brings with it a two-fold impact: fewer workers paying FICA tax, and more retirees drawing benefits. In addition, we…
Never too soon to start thinking about Social Security
Social Security is, of course, one of America’s most important senior benefit programs. But that doesn’t mean that you should wait until you are a senior citizen to start thinking about it. The Social Security benefit you will get will be…
Social Security Benefits for a Disabled Child
Social Security is one of America’s most important senior benefit programs, and it plays a critical role in keeping so many older folks above the poverty line. But, Social Security is also important to millions of minor children, and even disabled adult…