Latest News
Retirement Savings Check-up: Some Benchmarks to Check
Saving for one’s retirement years is a subject that gets a fair amount of attention in the press these days, with the common thinking that many American’s are swimming upstream and losing ground toward their goals. Poll after poll lament the…
Even in Retirement, It’s Important to Stay Financially Vigilant
In this post, Kiplinger contributor Ken Heise, an Investment Adviser Representative and a Registered Financial Consultant, offers some advice for those who have reached the retirement stage and are enjoying the rewards of their careful financial planning. It’s a bit of a cautionary…
SSA Receives Funding Boost
Washington, D.C. – House Ways and Means Social Security Subcommittee Chairman John B. Larson (CT-01) commended the House Appropriations Committee approval of $14.1 billion for the Social Security Administration’s (SSA) FY 2022 budget, an increase of $1.1 billion from FY 2021. The bill provides funding for SSA…
The Importance of Protecting Your Social Security Number…and Some Tips to Safeguard it
The sheer number of scams and frauds involving all ages of Americans is continuing to rise, and Social Security number theft continue to be a prime avenue of access by the criminal element. Yahoo!News reporter Emily Brandon presents suggestions for preserving the secrecy of…
Another Push to Re-open Social Security Offices
Citing the availability of COVID-19 vaccines and the inadequacy of a “top-down, one-size-fits-all approach to federal office reopening plans,” a contingent of congressional representatives led by Kevin McCarthy (R-CA) and Ways and Means Subcommittee on Social Security Ranking Member Tom Reed …
Some Perspectives on Reverse Mortgages
It’s commonly known that many folks rely heavily on Social Security benefits to get by in their retirement years. After all, the average monthly payment of $1543 doesn’t go a long way toward cover food, housing, medical costs, etc. so…
Spousal and Survivor Benefits…It’s Complicated, Folks!
As we note frequently on this site, the AMAC Foundation operates a free Social Security Advisory Service…a service that since its launch in 2016 has counseled nearly 18,000 American’s in how to apply the program’s considerable complexities to their individual circumstances.…
Short on Retirement Savings? Don’t Give Up! Here are some thoughts…
It’s certainly not uncommon to hear that a large percentage of future retirees are lamenting the fact that they may not have a large enough nest egg set aside to give them the type of retirement lifestyle they’d like. Some…
Sen. Grassley Comments on Saul Firing
In a Q&A interview Sunday on kiow.com radio, Sen. Chuck Grassley (R-Iowa) offers commentary on President Biden’s recent firing of Social Security Commissioner Andrew Saul. Grassley noted that despite Saul’s “overwhelming approval,” it appears that the basis for this termination…
Comments on proposed Office of the Retirement Savings Lost and Found
Mark J. Warshawsky, American Enterprise Institute (AEI) Senior Fellow, recently took an in-depth look at a specific component of H.R. 2954 passed in May by the House Ways and Means Committee–the proposed formation of an “Office of the Retirement Savings Lost and…