Headlines
Filing Strategies for Couples–The Importance of Synchronization
ThankAdvisor contributors Joe Elsasser and Ron Piccinini tackle one of the more complex and dynamic subjects in Social Security…the importance (criticality, really) of appropriately optimizing the timing of both spouses in applying for benefits. With the evaporation of “file and suspend”…
The Age 62 Conundrum Surfaces Once Again
One of the questions received most frequently by the AMAC Foundation’s Social Security Advisory staff is the very basic, “Should I retire at age 62 or wait?” And, as Forbes contributor John Wasik explains in a post on forbes.com, the standard answer is…
SSA Office Closings Intensify Public Concerns
Recently-announced plans to close Social Security Administration field offices in Arlington and Baltimore have shed new light on a wave of discontent among the elderly and those in need of on-site service from the agency. Washington Post reporter Patricia Sullivan, in a…
What is Social Security’s Catch-22?
In their 2017 report, the Social Security Board of Trustees projected Social Security will begin paying out more in benefits than it’s collecting in revenue by 2022 and in 2034 the Trust’s approximately $3 trillion in assets reserves will be…
Why claiming your Social Security benefits at 62 doesn’t pay
The earliest age at which eligible seniors can begin to take their Social Security benefits is 62. However, while it sometimes makes sense to start collecting Social Security as soon as you can, that move can also hurt you and…
Uneasy about your retirement savings strategy?
Do you have a feeling something doesn’t seem right in your retirement savings strategy? Spotting the mistakes early in your retirement plan can lead to years of financial stability. The attached article outlines some warning signs that something might be…
Is Social Security in real danger of running out of money?
Many retirees today count on Social Security to pay the bills, and future retires would more than likely do the same. However, according to a recent study by the Nationwide Retirement Institute, 72 percent of workers 50 and over worry…
Explore your options to make a positive impact to your financial situation
You have been working toward retirement since you took your first job and now it’s finally on the horizon. But what happens if you don’t have enough money saved to retire? There are things you can do if you are…
Picking the right Social Security claiming strategy can help married couples boost their benefits
Married couples can bolster their retirement income by thousands of dollars by carefully timing when each spouse claims their Social Security benefits. Coordinating claims can make the most of the benefits available to each spouse. According to Jim Blair, a…
The Retirement Savings Lost and Found Act of 2018
According to the U.S. Government Accountability Office, more than 25 million workers who left an employer between 2004 and 2013 left at least one retirement account behind. Jeanne Medeiros, the center director of the Pension Action Center at the University…