Latest News
October 2025 Payments Will Be Made on Schedule
The government shutdown does not affect your receiving your Social Security benefits. The following article by Jordan Blake gives you the schedule for when you will receive your October Social Security payment. You can read his full article here ……
Working and Social Security
One of the most common questions we get asked as a Social Security Advisor at the AMAC Foundation is, “If I take my benefits before my full retirement age (FRA), how much can I earn?” When you start your benefits…
New Chief Executive Officer of the IRS
The current Social Security Administration Commissioner, Frank Bisignano, will now also be working with the Internal Revenue Service (IRS). A new position has been created, and he will also be the chief executive officer of the IRS. He will report…
The New $6,000 deduction in the “Big Beautiful Bill” does not reduce your AGI.
The “Big Beautiful Bill” (BBB) recently passed in Congress includes an additional $6,000 tax deduction for people 65 and older, $12,000 for married. While this new bill may reduce your tax liability, it does not reduce your adjusted gross income…
Did you know that Social Security used to make house calls?
Tom Margenau wrote an article about being a “field representative” for Social Security many years ago. Social Security used to do actual house calls for people who were confined to their homes or travel to different locations without an office…
Will a 12% Medicare increase in 2026 offset your COLA adjustment?
The Cost-of-Living Adjustment (COLA) is scheduled to be released on October 15th, 2025; however, it may be delayed due to the government shutdown. It’s expected to be about 2.7%, higher than last year’s 2.5%. For a typical $2,000 Social Security…
2026 COLA Watch
We’re nearing the announcement of the 2026 Social Security cost-of-living adjustment (COLA), and it appears that the 2.7% range is where it will fall. October 15 is the usual date for an official announcement, but of course, that may shift…
Social Security Reform…Looking Into the Crystal Ball
As we’ve been predicting, interest in addressing Social Security’s steadily unfolding financial disaster is picking up quickly. In fact, a recent comment by Newsmax labeled Social Security a “central battlefield” in the midterm election cycle. We’re seeing many thought leaders…
Using AI in Retirement Planning Can Be Great…But Be Careful
Artificial Intelligence, and specifically ChatGPT, can be useful in planning your financial future in retirement. Linking you to helpful information on financial concepts, such as retirement options, can expedite research and clarify your understanding. The tools can also be helpful…
2026 COLA Thoughts…Will the Increase Be Enough?
The eagerly awaited announcement of next year’s Social Security cost-of-living adjustment (COLA), typically made on October 15, may face delays due to the government shutdown and its impact on staffing at the Bureau of Labor Statistics. But whenever the announcement…