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Which to Choose: Paying Off Debts, or Saving More For Retirement?
Which is better – entering retirement completely debt-free, or with a larger nest egg? Of course, achieving both would be the best possible scenario, but that’s probably not realistic for most retirees. So which is better? In this article by Ted…
No Surprise: Americans Are Less Confident About Their Retirement Due To Pandemic
In what might be considered a profound statement of the obvious, results of a recent study by two respected financial organizations found that Americans are generally less confident about achieving a comfortable retirement because of the COVID-19 pandemic. This was particularly true…
A Guide to Social Security’s Acronyms and Terminology
Social Security uses a bewildering array of acronyms, which can easily confuse those who aren’t familiar. For example, the acronym “SSI” which is used by Social Security to designate “Supplemental Security Income” (a low income disability general benefit program available…
Retirement Decisions That Will Hurt You
When it comes to retirement, planning ahead is paramount to ensuring a comfortable stay in your so-called “golden years.” But even with a well-thought-out retirement plan, it’s easy to make mistakes that can throw your plan completely off track –…
Social Security Using Video Hearings to Expedite Appeals
Stimulated largely by the COVID-19 pandemic which shuttered all Social Security offices to public access, the Agency has announced that appeal hearings conducted by Administrative Law Judges (ALJs) will now be held using video meeting technology provided by Microsoft. Launched…
More on the “Notch Issue” For Those Born in 1960.
As has been reported for a number of weeks now, the pandemic will likely have a unique negative effect on Social Security for those born in 1960. Often referred to as a “notch” issue, those born in that year will be…
Spouse Benefits – A complex Social Security Area
Here at The AMAC Foundation, inquiries about spousal benefits comprise the category of most frequently asked questions by those who contact us for Social Security advice. And that’s with good reason, because the subject of spousal benefits is one of the most…
Retirement dating; and no, it’s not that kind of dating
After spending decades working, you need to make sure you successfully set yourself up for the next phase in your life: retirement. Retirement is about spending time with love ones, experiencing new things and pursuing what brings you the most…
Proposal on how the government can help you claim Social Security at the right age
More than half of the households headed by someone aged 65 or older rely on Social Security benefits for a majority of total income, while 19 percent depend on Social Security for at least 90 percent of income. People are…
Online video hearings coming soon
(Source – www.ssa.gov/appeals) In our (SSA) continued effort to provide flexible and convenient service options and protect the health and safety of the people we serve, we are pleased to announce that beginning this fall we will introduce another hearing…