Headlines
Tax Bill Floor Vote Could Happen Next Week
Bloomberg News reports that a floor vote on tax reform could happen by the end of November, a suggested timeline that is in keeping with President Trump’s intent to see the bill on his desk by the Christmas Holiday. From…
The Bleak Retirement Landscape and What You Can Do About It
Steve Vernon of CBS Moneywatch, in a post today on cbsnews.com, examines what many feel is a dismal state of affairs for future retirees. Drawing on GAO statistics highlighting extensive reliance on Social Security as a primary income source, and citing…
Happy Thanksgiving From the AMAC Foundation!
“Perhaps no custom reveals our character as a Nation so clearly as our celebration of Thanksgiving Day. Rooted deeply in our Judeo-Christian heritage, the practice of offering thanksgiving underscores our unshakable belief in God as the foundation of our Nation…
A Challenge to the GAO’s Retirement Security Report
Andrew Biggs, Forbes contributor and resident scholar at the American Enterprise Institute, takes exception to the Government Accounting Office’s assertion that “Most Households Approaching Retirement Have Low Savings” in an article posted on www.forbes.com. Biggs’ article, titled “What the GAO’s Skewed Retirement…
How to estimate your Social Security payment
Although the actual computation can seem daunting, there is a fairly simple way to estimate what your Social Security benefit will be. The two primary elements used in determining your benefit are your average lifetime earnings and the age at…
Get a head start on your Social Security planning
There are few Americans who won’t be relying on their Social Security benefits for an important part of their retirement income; for the majority, Social Security represents about 40% of their monthly retirement pay, and for some it represents as…
Incorporating Social Security Into Your Retirement Planning
For many people Social Security is major component of their retirement planning. So it’s important to know how much you can expect from Social Security, when you should plan to start taking benefits, and how much tax you can expect…
Social Security is a crucial piece of your retirement plan
Social Security is probably one of the most important and financially stable pieces of any retirement plan, but far too many people don’t take the time or make the effort to explore all of their options before deciding to apply…
Your retirement is on the horizon: How do you imagine it?
Baby boomers approaching retirement – those in their 50’s, 60’s and even 70’s – have some pretty essential decisions to make about how they see the next phase of their life going. Will they continue to work in their chosen…
Is it Medicare or Medicaid?
A lot of people have a difficult time understanding the difference between Medicare and Medicaid. Both programs begin with the letter “M.” They’re both health insurance programs run by the government. People often ask questions about what Medicare and Medicaid…