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3 Social Security Surprises That Aren’t the Pleasant Kind
Maurie Backman notes some surprises with Social Security are good, such as receiving an 8% per year return on delaying benefits from full retirement age 966-67) to age 70. But three surprises to people are not pleasant. The are: 1.) Benefits have…
Filing at Age 62, Then Changing Your Mind. You Can, But…
There are valid reasons for claiming Social Security benefits at the earliest possible point (age 62), and if it works for you, that’s great. For some folks, however, it seems to be an impulse to grab benefits as soon as…
Reviewing the Rules for Spousal Benefits
The rules associated with Social Security benefits available to spouses can be complicated, as evidenced by the many questions we handle here at the AMAC Foundation Social Security Advisory Service. A good example of this complexity appeared today in our…
Thinking About Retirement Relocation? Check This Out.
Retirement planning is a long and detailed process, and one of the key elements of the plan is likely to be the choice of a destination for those leisure years. Do you want the warmth of the south, or are…
Your Social Security Statement: It’s Come A Long Way
Recent upgrades in the quality of the information available to you via the SSA.gov website–and specifically via the mySSA account data users can access–make it considerably easier to navigate some of the mysteries of Social Security. As explained in a…
Understanding and Estimating Your Social Security Benefit
If you’ve been following this site for some time, you’ve probably seen our frequent comments and referenced articles on how Social Security benefits are calculated. It’s important for future beneficiaries to understand that, and also to project what their benefits…
Social Security and Cyber Crime: Here Are Some Ways to Report It
The AMAC Foundation has taken an aggressive editorial stance on cyber crime in its many forms, with a specific focus that includes the continued expansion of scam activity affecting seniors and Social Security representatives. To help you out on how…
The Motley Fool Weighs in on Social Security 2100
Representative John Larson (D-CT) on October 26 introduced his “Social Security 2100: A Sacred Trust” legislative proposal in Congress, with Majority Whip James Clyburn, D-S.C.; House Ways and Means Chairman Richard Neal, D-Mass.; Sen. Chris Van Hollen, D-Md.; and other Ways and Means Democrats joining in…
Social Security Benefits: Making Them “All They Can Be”
Everyone wants to get the best return on their investments, and the return on Social Security is no different. We all know that having the highest cash flow possible in our retirement years is essential to our comfort. But how…
Additional Stimulus for Social Security Recipients? The Fight Continues.
Representatives of the Senior Citizens League announced recently that efforts are continuing to push for a $1400 additional stimulus payment for Social Security recipients, with a current petition now containing roughly 75,000 signatures. The petition, SCL’s Social Security and Medicare policy…