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Remember Paul Ryan’s “Roadmap for America’s Future?”
It’s been almost a decade and a half since Paul Ryan, the ranking Republican on the House Budget Committee, shook the trees with his plan to reform Social Security and Medicare in the face of what has now become a…
Deficient Nest Egg? Here are some thoughts to consider.
It’s not easy to save for retirement, and in fact it’s getting more difficult by the day with what’s happening in the economy. But if you’re in a situation where the decision needs to be made on retirement and you…
Tips to Help Relieve Retirement Financial Planning
Yes, it can be a very stressful process, planning for a comfortable retirement amidst so many unknowns (and even unknowable) factors. So, many folks tend to put it off, often until it’s too late to take the steps you need…
Social Security Administration Embarks on “Equity Action Plan”
On January 20, 2021, President Biden signed Executive Order (EO) 13985, Advancing Racial Equity and Support for Underserved Communities Through the Federal Government. The EO requires all Federal agencies “to pursue a comprehensive approach to advancing equity for all including people of color…
“My Social Security” Account, a Decade Later
Nearly 70 million people have signed up for a “my Social Security” account with the Social Security administration and, in so doing, have access to a wealth of information about their history and current standing relative to this benefit program.…
Women and Social Security: Some Important Facts About Survivor Benefits
It’s essential for all future Social Security beneficiaries to have a solid understanding of the rules and the options available to them, but it’s especially critical for women. Creators Syndicate’s Tom Margenau (who is also a veteran Social Security Administration…
The “Should I Wait Until Age 70” Question: Some Pros and Cons
It’s a pretty standard question fielded here at the AMAC Foundation Social Security Advisory Service. And our typical response is, “Well, it depends,” followed by an explanation of filing early vs. filing late (to age 70) means in terms of…
More on the Social Security Solvency Issue
Here’s another item related to the looming solvency issue…maybe it’s because April is National Social Security month–focused specifically on explaining (or dispelling) the myth that the program is going broke and therefore should not play a role in retirement financial…
Need a Replacement Social Security Card? Read on.
In the event you need to obtain a new Social Security card, it’s a fairly simple process as explained in a post today on cnet.com by writer Katie Teague. All you need to do is follow the instructions for SSA…
The Importance of Carefully Weighing Options When Filing for Social Security, Especially for Married Couples
The issue of survivor benefits takes on a high level of importance for married couples in retirement planning and, as a result, most advisors will strongly suggest that the decision of when to begin drawing benefits needs to be a…