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Take the Money and Run! Says Dave Ramsey
Snubbing conventional financial advice on drawing Social Security benefits at age 62, popular American radio personality Dave Ramsey a few years ago came out in favor of this move as a financial strategy. But, and this is a bug but,…
Candidate Desantis on Social Security: “Eligibility Requirements May Need to Change”
The Poynter Institute’s non-profit, nonpartisan fact-checking website Politifact came to the defense of presidential candidate Ron Desantis by rating a recent political ad “Mostly False” in its claim that the candidate “wants to cut Social Security and Medicare.” In a…
More Thoughts on the “When to File” Dilemma
What’s the best age at which to claim your Social Security benefits? This is far and away one of the top questions we receive here at the AMAC Foundation Social Security Advisory Service. The answer we provide generally tends to…
A “Heads-Up” for Representative Payees
Beneficiaries who are incapable of managing their Social Security or Supplemental Security Income (SSI) payments may elect, or have elected for them, a Representative Payee. This individual, generally family member or family friend, manages the payments on behalf of the…
Understanding the Two Social Security “Do Over” Options
Many folks opt to begin drawing their earned Social Security benefits at the earliest possible age (62), and after the fact realize the long-term implications of accepting the reduced monthly benefit. Or, their financial circumstances change after beginning benefits causing…
Some Basics on When and How to File for Social Security
Social Security probably looks fairly complicated for those approaching eligibility for benefits, but for a major portion of the population, the process is somewhat straightforward. There are just some basic (and deceptively simple) questions to ask, like what’s the best…
Here We Go Again…a Government Shutdown is in the News. What about Social Security?
ALERT: Last evening, the House approved a continuing resolution deferring the fight on appropriation measures until early 2024. We’ll revisit the contents of this post as the next deadline gets closer. It’s an interesting quandary for the newly-elected Speaker of…
Social Security and Medicare Sign-Up Coordination…Some Tips
One persistent rumor is that you need to sign up for Social Security benefits at the same time you file for Medicare. If you do not have medical coverage when you reach age 65, you can enroll in Medicare even…
Women and Social Security–An Explanation of Why Their Concerns are More Prominent
There is a disparity between the comfort levels men and women have with respect to the role that Social Security will play in their future retirement, according to the Women and Wealth segment of Northwestern Mutual’s 2023 Planning & Progress…
The Timing of Initial Disability Benefits Explained
Once approved, initial claims for Social Security Disability Insurance (SSDI) benefits still have a time period to wait through until monthly payments begin to flow. As explained in a post on en.as.com by researcher Maite Knorr-Evans, this five-month delay is…