Headlines
A record year for Social Security
More Americans are filing for their Social Security benefits this year, according to an analysis by the Urban Institute. There are several factors, including the silver tsunami of retiring baby boomers, anxiety about the direction of the economy, changes to…
Employees are contributing to their retirement accounts at a record rate
Although retirement account balances dipped in the first quarter of 2025, retirement savings rates “stayed consistently high,” according to a recent Fidelity Analysis. Fidelity attributed the small decline in retirement balances to the stock market turbulence. In their analysis, Fidelity…
Garnishment of benefits are on hold
In yesterday’s headline article: “Are you at risk of a smaller benefit due to defaulted student loan?” the U.S. Department of Education announced it would begin to garnish Social Security benefits on those individuals who have defaulted on their student…
Are you at risk of a smaller benefit due to defaulted student loan?
The U.S. Department of Education announced its Office of Federal Student Aid (FSA) will resume collections of its defaulted federal student loan portfolio in May. The Department has not collected loans in default status since March 2020. Out of the…
Full Retirement Age Question Surfaces in Fox Business Panel Discussion
Fox Business’s Mornings with Maria Bartiromo yesterday touched on one of the most contentious ideas for addressing the looming Social Security insolvency issue. Citing the results of a recent Reagan National Economic Forum survey in which Americans were asked to weigh in…
Social Security “Insolvency”–A Different Perspective
Despite a seemingly unlimited number of media posts about the rapidly approaching Social Security insolvency problem — the point at which the program would be unable to pay promised benefits in full — there is one viewpoint that hypothesizes a…
Social Security Uncertainty Weighing on the Minds of Seniors
Two recent media posts have cited a growing level of concern among Americans in retirement or approaching Social Security eligibility. First, a post by Fox13 Salt Lake City’s Kelly Chapman (click here) suggests that “policy changes and uncertainty about the…
Updated “Who’s Who in Social Security” Now Available
The AMAC Foundation’s editorial staff published the 2025 edition of its “Who’s Who in Social Security” last week, a guide to the array of professional organizations providing input on the future of this venerable program. This publication is designed to…
Honoring the Men and Women of the Armed Forces
Since 1868, America has set aside a day to honor those who’ve fallen in service to the nation. First known as Decoration Day, later officially rechristened as Memorial Day, this solemn day is an opportunity to reflect on the ultimate…
Why is there a “Senior Bonus” in the Big Beautiful Bill” instead of “no tax on Social Security”?
This is a question on the mind of many Seniors. While it will provide some tax relief to low and middle income seniors, it is not the elimination of tax on Social Security that we had hoped for. Kevin Stocklin…