Latest News
COLA Thoughts: Looking Ahead to 2027
Even though the 2026 cost-of-living adjustments are just now being reflected in benefit payments, pundits have begun looking way down the road to what might happen next year. For example, The Motley Fool’s Bram Berkowitz, in a post on their…
More Thoughts on the “When to File” Question…Age 62 Might Not Be All That Wrong?
When to file for Social Security benefits is one of the more daunting decisions seniors in their early 60s need to make. In fact, here at the AMAC Foundation Social Security Advisory Service, it’s one of the top questions we…
Tax Season is Here! Time to Review the New Deduction Rules
There has been quite a bit of confusion surrounding the “no taxes on Social Security” mantra accompanying the One Big Beautiful Bill Act (OBBBA) of July, 2025. The taxation rules placed into effect for tax years 2025 through 2028 are…
Attention Soon-to-be Veterans: Understand TRICARE Transition Rules
Active military, National Guard, and Reserve personnel contemplating retirement in 2026 need to be aware of the rules that govern continuation of TRICARE medical coverage post-service. In a recent post on TRICARE Newsroom, Zelly Zim, a senior program analyst in…
Don’t miss this chance to change plans
The Medicare Advantage open enrollment period runs from January 1st through March 31, 2026. If you missed your chance during Medicare open enrollment, you can now switch to another Medicare Advantage Plan (with or without drug coverage). Or, you can…
Creating incentives for lifetime income solutions
Only 12 percent of private sector workers have access to traditional pensions, which, at one time, was the cornerstone of company retirement plans. “America’s retirement system is at a pivotal turning point, and a number of changes are needed to…
Decluttering to save money and space in retirement
We have seen those commercials depicting retirees with a carefree life; however, many older Americans entering their retirement years are experiencing anxiety due to decades of “just in case” purchases collecting dust in their garages or attics. These dust collectors…
You may be eligible for Extra Help with Medicare Part D
Medicare Extra Help is a federal program that assists individuals with limited income and resources in paying for prescription drug costs under Medicare Part D. Medicare Extra Help, also known as the Low-Income Subsidy (LIS), is designed to help eligible…
You don’t have to run out of money in retirement
Nearly two in three Americans (64 percent) are more worried about going broke in retirement than dying, according to the 2025 Annual Retirement Study from the Allianz Center for the Future of Retirement. But what if things are not as…
Compound interest, the eighth wonder of the world
Most Americans think that to retire comfortably, you will need $1.5 million dollars in retirement savings. That figure is daunting for most individuals when the average annual salary across the U.S. is approximately $59,428. To reach that goal, you would…