Headlines
Maximizing Social Security – A Strategy
Russ Wiles of USA Today explores the idea that employers, who already assist employees with 401k plans, might better manage withdrawals, with an eye toward maximizing Social Security benefits. He cites a recent study by the Center for Retirement Research at…
Worrying Trend, but Solution at Hand for Social Security
Georgina Tzanetos raises a serious concern about the health of Social Security. For the first time since 1982, Social Security’s investments have actually lost more than they have brought in. It’s a short piece that can be accessed here, but a…
Should You Delay Claiming Social Security?
It’s a question we hear daily from those contemplating their Social Security benefits, and the answer is always “it depends.” It depends on how urgently you need the money, as well as your health and life expectancy. You actually have…
Taxation of Social Security Benefits
Many Social Security beneficiaries are surprised to find that their benefits may be subject to federal income tax. This isn’t really new news because taxation of Social Security benefits actually started with rule changes enacted by Congress in 1983 and…
Social Security Reform: Back on the Table?
Social Security reform is, as many Americans know, something Congress must address soon to prevent an across-the-board cut in benefits for all recipients in slightly more than a decade. The latest forecast from the Congressional Budget Office is that Social…
Social Security’s Financial Woes
The year 2021 was a milestone year for Social Security. Something that hasn’t happened for nearly 4 decades once again occurred in 2021 – Social Security took in less money than it paid out. The numbers by themselves may not…
Washington’s Birthday, or “President’s Day”?
Is the holiday Americans celebrate today called “Washington’s Birthday” or “Presidents Day?” Although, especially in recent years, “Presidents Day” seems to have become the most common way this day is referred to, reality is that this special commemorative day officially…
Bringing Social Security Reform Into Focus
While still far from a bipartisan agreement on Social Security reform, two U.S. Senators are pushing Congress to establish special commissions to seek needed reform of the Social Security program, as well as Medicare and the Highway Trust Fund. With…
AMAC Foundation Releases 2021 Annual Report
The AMAC Foundation’s 2021 Annual Report has received Board approval and is now available for inspection on the Foundation website’s Resources page. The report recaps the Foundation’s activities for the year, emphasizing the momentum built during its eight years of…
Commission on Long Term Social Security Solvency Proposed in New Bill
Wibw.com Digital Producer Sarah Motter, in a post on their website, takes a look at H.R. 6581 introduced by Rep. Tom Cole (OK-04) and co-sponsored by Rep. Jake Laturner (KS-2). The bill, introduced earlier this month, calls for a 13-member…