Headlines
It’s about Balancing Your Income, Savings, and Debt
Ben Steverman writing for BloombergBusinessweek appearing on the Bloomberg website (www.bloomberg.com) reviews the latest book from Thomas Anderson, “The Value of Debt in Building Wealth.” Anderson, a former Morgan Stanley financial adviser who now heads a firm that markets educational materials…
Comparison of benefits under Railroad Retirement and Social Security
(CHICAGO — Employers and employees covered by the Railroad Retirement Act pay higher retirement taxes than those covered by the Social Security Act, so that railroad retirement benefits remain higher than social security benefits, especially for “career” employees who have…
Checking Your Earnings History
In fiscal year 2016, the Social Security Administration processed 92,000 complaints about Social Security statements. In Tom Anderson’s column posted on CNBC website (www.cnbc.com) he reminds us that this time of year (tax season) is a great time to review…
Retirement Savings — Not a Priority?
According to GoBankingRates’ 2017 Retirement Savings Survey, about one in three adults has $0 saved for retirement and another 21 percent of Americans have less than $10,000 saved. In Cameron Huddleston’s column appearing on GoBankingRates website (www.gobankingrates.com), he reviews the…
Retirement Options for Sole Proprietors
For sole proprietors, the current buzzword in the retirement plan industry is a Solo 401(k). The sole proprietor sets up a 401(k) plan and depending on the sole proprietor’s earned income and the desired savings amount, a 401(k) option might…
Spousal benefit rules – here’s what you need to know
If you are, or were, married it’s important that you understand your Social Security benefits as a spouse, ex-spouse, or surviving spouse or ex-spouse. Figuring out where you stand can be tricky, but this GoBankingRates.com article by Sabah Karimi describes all…
What other Americans are getting in Social Security benefits can help you plan
It’s pretty hard to do any real retirement planning without understanding what your Social Security benefits might be. And deciding what age to start your benefits is probably one of the most important decisions you will be making. So what…
Social Security: Real reform vs. emotional rants
In this Social Security and You article appearing at Tucson.com, columnist Tom Margenau discusses some of the quick-fix reforms that arm-chair Social Security experts tell him would solve the program’s financial woes. These range from stopping benefits for “gold digging wives” to those…
The AMAC Foundation – Answering your questions about Social Security
The AMAC Foundation’s Social Security Advisory service fields questions submitted by people needing researched, trusted, and credible guidance on the options and benefits available to them via Social Security. The Foundation’s Social Security Advisors are trained and accredited through the Ohio-based National Social…
When to take Social Security? Here are some reasons to wait until 70
When to start taking your Social Security benefits is the most frequently asked question of our Advisory staff, and there simply is no standard answer. A lot of folks apply as soon as they’re eligible and take reduced benefits, but…