Latest News
Having the retirement talk with your family
Retirement planning isn’t just for individuals and couples to discuss; it’s something the family should be discussing. Yes, the conversations may be uncomfortable for some, but they are necessary to have with your entire family. Clarity around such topics as…
You may be eligible to apply for a Social Security card replacement online
How do you get a replacement Social Security card since the Social Security Administration field offices are still closed to the general public due to the pandemic? Some people can request a new Social Security card from the Social Security…
Hard truths about retirement
According to a survey by TD Ameritrade, over 30 percent of Americans plan to continue working after they retire. Although the large majority did it because they wanted to stay active and involved (90 percent) or because they enjoy working…
A few all too common mistakes people make on the road to retirement
While planning for retirement is a smart move, there are some mistakes you need to avoid. One of the biggest is when you retire; Social Security will cover most or all your bills. Sadly, this is not the case. Social…
Social Security rules apply to both men and women equally
Social Security rules are gender-neutral; in other words, the same laws apply to men and women equally. The majority of the time, men receive higher Social Security benefits, and the question of spousal and survivor benefits are thought to be…
What are your options if you claimed your benefits too early
Deciding when to claim your Social Security benefit is confusing to most people. If you start your monthly Social Security benefits too soon, your monthly checks will be about 76 percent lower than if you wait to age 70. So,…
More on 2022 COLA: What’s Causing the Chatter?
The likelihood of a substantial cost of living adjustment (COLA) for Social Security beneficiaries–the first substantial one in over a decade–has created a flurry of pundit projections in the past few weeks. Of course, it’s a good news/bad news scenario,…
Retirement Income Security–It Can be More Than Just Social Security
The average Social Security monthly benefit amount is just over $1500, and most folks will tell you that doesn’t cover much. In fact, as you can read in today’s headline post on this site, Seniors are open with their concern…
Planning for Retirement Finances–Not a Simple Exercise
Yes, it’s complicated. Not only the Social Security rules and regulations themselves, but the overall options to be considered when arranging finances to support you in those retirement years as well. Many folks turn to the services of financial advisors…
When to File for Social Security Benefits…the Age-Old Question
And it’s a question we field routinely here at the AMAC Foundation Social Security Advisory Service, with our usual response beginning with the statement, “It depends.” Westchester County elder law attorney Anthony J. Enea addresses this question in an interview with Michael…