Headlines
Rest assured: Social Security WILL be there for you!
It has been fairly well publicized that the Social Security program has financial issues and, in fact, about 80% of today’s younger workers believe that the program won’t be there for them when they’re ready to retire. But the program…
Easter Greetings from the AMAC Foundation!
The editorial staff at the AMAC Foundation’s Social Security Report wishes you a Happy and Joyous Easter Season, complete with comfort, peace, and prosperity in the coming weeks and months.
Getting the Most Out of Social Security: Some Tips
If you’ve spent any time thinking about Social Security and analyzing where and how it fits into your retirement financial strategy, you’re well-versed in the benefits of deferring benefits past age 62, as well as the longer-term advantage of collecting…
A New Look at Retired Life
It’s not really that new, since the trend toward working during those retirement years seems to have become the norm for many folks. In fact, Transmerica Center for Retirement Studies recently reported that that almost two-thirds (65 percent) of workers plan to…
The Retirement Savings “Crisis”: MIllennials Speak Up
Despite all the reasons why the “millennial generation” should be focusing on saving for retirement, it still doesn’t appear to be happening. Why, you ask. Well, the National Institute on Retirement Security took a look at this issue and developed some…
Reliance on Social Security: Another View
As a counterpoint to recent media accounts of the degree seniors rely on Social Security for “nearly all their income,” Forbes contributor and resident scholar at the American Enterprise Institute Andrew Biggs suggests that the degree of reliance might be overstated.…
SSA’s Budget Increased in 2018…But the Hole is Still Deep
Reuters Columnist Mark Miller provides a recap of the Social Security Administration’s budget increase for fiscal 2018, noting the agency is in line for an increase of about 4% to just over $12 billion. The increase bucks a Trump administration…
The Importance of Social Security Advice for Women
To say that advice on maximizing Social Security benefits for women is important is an understatement. It’s more than important, given that more than a quarter of women in a study by Harris Poll for the Nationwide Retirement Institute “believe…
Brady, Neal Applaud Senate Passage of the Social Security Representative Payee Bill
(Source: waysandmeans.house.gov) Washington, D.C. – The Senate passed by unanimous consent yesterday H.R. 4547, the Strengthening Protections for Social Security Beneficiaries Act of 2018 – bipartisan legislation to strengthen and improve the representative payee program to better protect those Social Security beneficiaries who are unable to manage their benefits…
What to expect each month on Social Security
As of January 2018, roughly $80 billion a month was being distributed to eligible beneficiaries with three-quarters of these benefits going to retired workers. However, what you may not realize is what Social Security does for more than 19 million…