Headlines
The Act 2 Column: The myRA idea? Starting a savings habit
Just in case you thought there were not enough retirement accounts to choose from, along comes President Barack Obama’s latest entry in the crowded category. His “myRA” (rhymes with IRA and looks like a misstyped woman’s name) is supposed to…
How the American people would fix Social Security
For some time now it has been known that America’s Social Security program is in trouble. According to the Social Security trustees, if no steps are taken, its trust fund will be exhausted in 2033, and after that the program…
Webcast will advise college seniors, young workers on saving for retirement
The U.S. Department of Labor will host a webcast for college seniors and young workers on paying down student loans, determining a budget, managing credit and saving for retirement. “Take Charge of Your Financial Future” will be held from 1…
CMS Medicare Home Healthcare - AMAC, Inc.
On behalf of our 1.1 million members, AMAC sent a letter to the Administrator of the Centers for Medicare and Medicaid Services (CMS), Marilyn Tavenner, to express our deep concern for the beneficiaries and providers of Medicare home healthcare services.…
House Ways and Means Subcomm. on Social Security To Address SSDI Fraud Prevention
U.S. Congressman Sam Johnson (R-TX), Chairman of the House Committee on Ways and Means Subcommittee on Social Security, today announced a hearing on ways to prevent conspiracy fraud in the Social Security Disability Insurance program. The hearing will take place…
AMAC Tackles Health Care Issues at Washington DC Symposium on June 9-10
The AMAC Foundation is finalizing plans for the 2014 Health Care Symposium in Washington, DC on June 9-10 with leading professionals focusing on the critical health care issues facing America today. The outcome-oriented conference is expected to bring together industry,…
The other retirement plan: work past 65
It’s already happening: more Americans are working further past the age of 65, an age at which they had planned to retire. So says the Bureau of Labor Statistics, which also predicts that this trend is just going to intensify…
CBO: $10 minimum wage would cut poverty but also jobs
Raising the minimum wage to $10.10 an hour could lift 900,000 Americans out of poverty but also cost a half million jobs, the nonpartisan Congressional Budget Office said Tuesday in a report that’s sure to feed a simmering debate over…
How scary is an older America? Americans aren’t sweating it
America is aging, and it’s supposed to be a big downer. Pensions are crushing government budgets, Social Security is in trouble and Medicare costs are going through the roof. But someone must be putting Prozac in our water supply, because…
Obama proposes Social Security cuts in 2014 budget
President Barack Obama has released his fiscal 2014 budget proposal and much to the dismay of his own party, it includes cuts to Social Security. Initially thought to be a Republican attack on entitlements during the partisan 2011 debt ceiling…