Headlines
Reform Social Security by Taxing Corporations who use Independent Contractors?
Here at the AMAC Foundation, we are acutely aware that Congress must reform Social Security soon to avoid an across-the-board 22% cut in every beneficiaries monthly SS payment. That was emphatically clear in the recent report by the Trustees of…
A Social Security Journey with “Ask Rusty” and the AMAC Foundation
The AMAC Foundation[1] is a nonprofit organization dedicated to the support and education of American seniors. “Ask Rusty” is the Foundation’s popular and nationally syndicated Social Security advice column. Here’s more about the AMAC Foundation’s journey and the “Ask Rusty”…
Wait Time for VA Disability Compensation and Pension Benefit Claims Has Been Reduced
The Department of Veterans Affairs has announced that the wait time for claims has fallen below 70,000 for the first time since February 2020. This is a cut in the backlog of Veterans waiting for VA benefits by over 74%…
Notice From The Social Security Administration
Recent Enhancements in Processing Centers: Advancing Service Date: Wednesday, July 8, 2026 Dear Colleague, We are pleased to announce some important developments from Central Processing that further our commitment to efficient, responsive service for claimants and the representative community. These changes…
Social Security Insolvency Is Looming Closer
One of the most popular plans for keeping Social Security solvent and able to pay 100% of all benefit payments appears to be lifting the Social Security earnings cap. The Old Age and Survivors Insurance (OASI) Trust Fund, the largest…
Trump Accounts Are Now Officially Launched
The U.S. Department of the Treasury has announced the official launch of the Trump Accounts App. It is a savings and investment platform for children’s futures. Children who are American citizens born between January 1, 2025, and December 31, 2028,…
Social Security’s Looming Insolvency Brings Old Myths to the Surface
The June 9 release of the 2026 Social Security Trustees Report has sparked the usual wave of reaction in the media, although this year it seems more folks are waking up to the fact that, in about six years, the…
Happy 4th of July Weekend!
“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator, with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.” — The Declaration of Independence…
Fixing Social Security will leave a lot of people unhappy
According to the most recent Trustees Report, the OASI trust fund is expected to exhaust its reserves by the end of 2032. At that time, if government officials do not act, Social Security recipients could face a 22 percent benefit…
Raising the Taxable Maximum Won’t Save Social Security
On June 9, the Social Security Administration released its annual trustees report, which found that America’s most important support program for seniors is facing an accelerating insolvency crisis. The report specifically noted a three-month forward shift in the anticipated insolvency date to…