Headlines
Some innovative steps to help contingent workers save for retirement
According to a 2016 study published by Princeton University, between 2005 and 2015, 94 percent of the net employment growth is estimated to have been through alternative work arrangements. The term “contingent worker” is often used to describe all workers…
How to achieve a worry-free retirement
Actuaries in the U.S, U.K., and Australia surveyed nearly 3,000 working-age adults about the various issues in planning for retirement, finding that longevity risk was the least understood part of their thinking for the years ahead. Only half of the…
What if you don’t have access to a 401(k)?
When you think of retirement savings you automatically picture a 401(k); however, not everyone has that option. Forty-one percent of Millennials do not have access to a plan through their employer. However, there are still plenty of ways to save…
The easiest way to figure out the best Social Security claiming strategy
According to the Social Security Administration data, more than three out of five seniors currently rely on their Social Security benefits for at least half of their monthly income. It is clear the importance placed on Social Security income during…
Many singles don’t feel they can afford to retire
In a recent TD Ameritrade survey, it found only 29 percent of single survey respondents in the United States said that they were financially secure and three out of ten single Americans are not saving any money compared with 17 percent…
Claiming Strategies and the Impact on Your Benefits
Although estimates vary among analysts, it’s no secret that waiting to file for Social Security benefits will result in a larger monthly payment over a drawing period. And with 62% of elderly beneficiaries relying on their Social Security benefit for half…
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…