Headlines
What “cutting” Social Security means and doesn’t mean
Sean Williams writes a thoughtful piece which explains that “cutting” Social Security, as many say must be done to shore up its long-term solvency, does not have to mean direct monthly benefit cuts. Needless to say that would be hugely…
Claim SS early? Claim it later? Here’s how to tell
The decision on when to claim your Social Security benefits is a crucial one which will affect you for the rest of your life, so it’s extremely important that you make the right choice. But how do you decide whether…
Everything you ever wanted to know about COLA
COLAs, or Cost of Living Adjustments, are designed to help people, especially seniors who rely on Social Security, keep pace with inflation. COLA is actually a percentage which is applied each year to each Social Security recipient’s benefit amount, resulting…
Staying steady in a volatile stock market
The current trade tariff talks with China have stalled, and China is now threatening action which could create even more volatility for the stock market. And market volatility is the one thing that can cause people to question their carefully…
The Social Security 2100 Act: An analysis
The Social Security 2100 Act, introduced by Congressman John Larson (D-CT) would, according to the bill’s author, “cut taxes, strengthen benefits, prevent anyone from retiring into poverty.” But is that truly the case? Not according to analyses done by many groups,…
AMAC analyses the Social Security 2100 Act
ASSOCIATION OF MATURE AMERICAN CITIZENS MEDIA CONTACT John Grimaldi jpgrimaldi@verizon.net 917-846-8485 OPINION: AMAC reviews “Social Security 2100 Act” by Andrew Mangione, Vice President of the Association of Mature American Citizens Social Security and its solvency have long been a top…
Understanding Medicare as We Know it Today
If you’ve been following the Democratic debates, you witnessed a somewhat confusing onslaught of arguments involving what may or may not happen to the federal health insurance program known as Medicare that supports seniors today. With terms like “Mediicare for All,”…
Identity Theft: Steps to Protect Yourself
With reports of Social Security number breaches and identity theft concerns seeming to dominate much of the media these days, the very serious question of “How can I know if someone has assumed my identity by taking my Social Security number?” arises…
Double-Taxation of Social Security Benefits Targeted Again
Villages-News.com recently provided a recap of H.R. 3971, the Senior Citizens Tax Elimination Act, featuring remarks from the bill’s co-sponsor, Rep. Daniel Webster, R-FL-11. “For decades, seniors have paid into Social Security with their tax dollars. Now, when many seniors are…
Timing is Everything In Maximizing Social Security Benefits
The impulse to begin drawing Social Security benefits as soon as they’re available–age 62–is strong, and statistics reported at money.usnews.com indicate that 42% of men and 48% of women tend to do just that. The long-term result of this decision, of…