Headlines
Social Security: Thinking About Filing?
Every day, thousands and thousands of Americans reach that point where they are eligible for Social Security retirement benefits, either at the earliest possible age (62) or their full retirement age (generally 66 or 67, depending on birth date). Arrival…
A High-Level Look at Social Security’s Health
Jeremy Glaser (Morningstar Senior Director, Editorial), discusses a variety of issues associated with Social Security in an interview with Tim Steffen Baird’s Director of Advanced Planning on www.morningstar.com. The first part of the interview deals with the Medicare hold harmless provision and its…
The National Debt Crisis. Hard Rain Ahead.
Just five years from now, the U.S. will pay more to service its national debt than it spends on national defense, according to Congressional Budget Office projections. In the words of Ben Shapiro, editor-in-chief of The Daily Wire, “there will be fiscal…
Social Security at the Tipping Point
2018 brought with it what The Motley Fool’s Sean Williams refers to as an “undesirable inflection point”–a term used to describe a turning point in the historical progress associated with Social Security. Here at the AMAC Foundation, our Social Security…
Surprise! Your Social Security Benefits Can be Taxed
It comes as an unwelcome surprise to many new Social Security beneficiaries, but the truth is your monthly benefit may be subject to federal income tax. In fact, it’s not only possible, it’s likely, since more than half of current…
Social Security and your future retirement
A recent Gallup survey revealed that more than half of those not yet retired doubt that they’ll get any Social Security benefits when their career ends. Although widespread, this skepticism about the program’s future may be unfounded, mainly because of the…
Don’t blame Social Security for the Federal deficit!
Some political figures as well as many arm-chair experts cite Social Security as one of the causes of the continually expanding Federal deficit. While it’s true that Social Security pays out huge sums in benefits each year to over 60…
Social Security Changes for 2019
There are some things which are inevitable, and among them are the annual changes to various Social Security benefit factors. Some changes, such as COLA (cost of living adjustment) and increases in the annual earnings limit, may mean more money…
How claiming your Social Security benefits at 62 can work out quite well
Social Security will play a significant role in your retirement, which means you’ll want to be smart about when to claim your benefits. Seniors get an eight-year window to claim benefits that begins at age 62 and ends at age…
Should you rely on Social Security for all of your retirement income?
Social Security was designed as a program to provide benefits for older Americans who no longer could provide on their own. Today, it is responsible for keeping more than 15 million aged beneficiaries above the federal poverty line. However, counting on Social…