Latest News
Improving Your Fraud Protection Through Digital Precautions
Over two million fraud cases were reported last year, and that may be just the tip of the proverbial iceberg. Many are not reported, possibly because of embarrassment or just not knowing what to do. The best course of action…
Showcasing the Deficiency of the Current COLA Process
Social Security’s annual cost-of-living adjustment (COLA) process supposedly measures the cost increases across the spectrum of spending categories Americans face. It’s based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), and it’s been that way…
Fitting Social Security Into Your Retirement Financial Plan
Many folks are aware that Social Security, by design, will not completely cover their desired level of comfort in retirement. Its basic intent is to serve as a mechanism to keep seniors from falling into poverty, with the expectation that…
Understanding the Math Behind Claiming Ages
There are many factors associated with the decision on when to file a claim for Social Security benefits, In fact, here at the AMAC Social Security Advisory Service, we typically begin our responses to the “when should I file” question…
Retirement Planning and Longevity Insurance
A very common concern in the minds of so many seniors these days, given Social Security’s muddied long-term future, raging inflation, and the economy in general, is the possibility of outliving accumulated financial resources. To use a popular phrase, “It’s…
Social Security’s Place in Your Financial Plan for Retirement
There are many details that those approaching retirement decisions are not clear on, especially the details of some of the options like spouse benefits, survivor benefits, family benefits, and so on. But if you’re at the point of assessing what…
Social Security and the Rule of Averages
Many folks like to compare themselves to others and especially to others in their peer group, and when it comes to claiming Social Security benefits and the general topic of financial planning for retirement, that becomes an even more interesting…
A Brief Review of the SSDI Process
The topic of Social Security Disability takes center stage in a video by attorney Chris Jancula from central Pennsylvania law firm Gieg and Jancula, LLC. In the four-minute YouTube video, Attorney Jancula provides an introduction to Social Security’s provisions designed…
The Importance of Adequate SSA Funding to Fight Identity Theft
Follow-up commentary from last week’s Ways and Means Social Security Subcommittee hearing on Social Security number (SSN)-related identity theft continues to show up in media outlets. Here are remarks from the testimony of Retired IAM General Secretary-Treasurer and current Alliance…
Collecting Benefits on an Ex-Spouse’s Work Record–A Quick Review
The availability of benefits based on an ex-spouse’s work record is somewhat of an unknown to many. It’s especially a welcome surprise to many, as well. But, as there are in many (most) areas of Social Security there are rules…