Headlines
Retiring with an Eye on the Economy
Gradual changes are the bane of long term plans. It is all too easy to let the changes slip by unnoticed until it is too late to react to them. Inflation is one of these gradual changes that threaten your…
The Aging of America’s Worforce
In some cases, seniors working well into their 70s and 80s is a financial necessity, while in others it’s a sense of pride and contentment in what they do. Others equate working with the maintenance of a healthy lifestyle. Still…
New Population Data from Social Security
Each year there is a new report published showing the past, present, and projected population that receives Social Security benefits per year. This information is very important when looking at proposals for changing the system in any way as it…
Retirement and Student Debt
Student debt is quickly surpassing all other forms of debt in the U.S. to become the largest source of debt among Americans. This is not only a problem among young adults, but across all generations including baby boomers. More and…
Applying for Social Security
One thing that is not often brought up when talking about Social Security benefits is the best way to send in your application. The three options available to do so are to apply in person at a local Social Security…
State Taxes and Social Security
There are currently 13 states that apply taxes to income from Social Security benefits. These taxes hit most people by surprise when they start collecting their already sparse benefit checks. Over half of those that collect Social Security already pay…
How to Optimize Benefits in 2016
The new rules enacted under the 2015 budget act make it more difficult to maximize Social Security benefits for those not already at retirement age. This threw a wrench in to the plans of those that were nearing retirement in…
Average Retirement Age
Sixty percent of those currently retired had planned to retire at an older age than they actually did. The average age of retirement today is 62, compared to average planned age of retirement at 67. This is due to many…
AMAC Continues Social Security and Health Care Advocacy Despite Snowstorm!
As winter storm Jonas descended on Washington, DC leaving over three feet of snow in its wake, the U.S. House of Representatives cancelled all votes and the Federal Government shuttered its doors for several days. Thousands of flights were cancelled…
Analyzing the Implications of Changes to the Full Retirement Age
Andrew Biggs, in an article posted on www.forbes.com, takes a look at the argument against delaying the Social Security Full Retirement Age (FRA), reasoning that raising the retirement age is neither regressive nor progressive. Rather, he suggests that a change…