Headlines
Will Coronavirus Affect Social Security’s Future?
A number of assurances have been published that the U.S. actions taken to contain the so-called “Coronavirus” will not affect the normal flow of benefits to Social Security recipients. But the national economic shutdown and loss of employment resulting from it…
Stimulus Checks – Some of the Details
As reported in yesterday’s headline article, the “Coronavirus Aid, Relief, and Economic Security Act” or the “CARES Act” passed in Congress, providing for substantial stabilization in America’s economy during the unprecedented medical crisis sweeping the country. As approved, the Act provides critically needed…
Congress Passes the “CARES Act,” Including Relief Payments to Social Security Recipients
The “Coronavirus Aid, Relief, and Economic Security Act” or the “CARES Act” passed today in Congress, designed to provide for substantial stabilization in America’s economy during the unprecedented medical crisis sweeping the country. As approved, the Act provides critically needed funding in…
Now is not the time to fall victim to a Social Security scam
Millions of people count on Social Security as a source of income and during times of crisis it can be even more crucial. With the announcement from the Social Security Administration that it was closing all of its local offices…
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…