Latest News
Thoughts on Your Retirement Decision: Early or Late?
For many Americans, deciding when to take the step into retirement is a challenging matter, requiring a fair amount of thought, research, and advice. Should I retire early, or should I wait for a better moment? When I retire, will…
Coronavirus-Related Medicare Scam Alert
(Source: Seema Verma, Administrator of the Centers for Medicare and Medicaid Services, via Social Security Administration) Since older Americans are particularly vulnerable to coronavirus (COVID-19), I wanted to remind Medicare beneficiaries to be vigilant and take precautions to avoid falling…
Worried About Social Security in Your Future? Mistakes to Avoid
As noted in an article posted today by The Motley Fool’s Selena Maranjian on their site, many Americans are worried about the health of our country’s Social Security system, and rightfully so. Ms. Maranjian acknowledges the worries, and offers conjecture on three…
Stimulus Checks Set to Begin Arriving Today?
According to a news release posted by News4Jax late yesterday afternoon, the first wave of economic impact payments should have begun hitting bank accounts Thursday, April 9. The subtitle on their post noted “Those with direct deposit information on file with IRS…
COVID-19 Updates from the Social Security Administration
The Social Security Administration today posted updated information on their webpage dedicated to the COVID-19 (https://www.ssa.gov/coronavirus) pandemic. Here are excerpts on two specific areas our AMAC Foundation Social Security Advisory Service has received a number of inquires about: How do…
Clarifying Today’s Restricted Application Rules
One of the more frequent questions we field at the AMAC Foundation’s Social Security Advisory Service deals with the restricted application (RA) rules that were changed with the Bipartisan Budget Act of 2015. Prior to that Act, folks could apply for…
Unemployment and Social Security: Can you get both?
As the impact on the country’s workforce continues to accelerate in the face of the COVID-19 pandemic, the question of filing for unemployment for those working while receiving Social Security benefits is beginning to surface. The simple answer to this…
Today’s Social Security Scam!
It’s not really a novel approach, but scammers are now contacting seniors and informing them that Social Security is suspending their benefits due the coronavirus pandemic, and offering to “help” keep their benefits intact. The obvious ploy is to get…
Recapping the CARES Act’s Impact on Retirement Investments
The provisions of the Caronavirus Aid Relief and Economic Security Act, or CARES Act, have the potential to impact the retirement strategies followed by investors. U.S. News and World Report contributor Josh Goulding, in an article titled “How Does the CARES…
Ten Quick Questions on Social Security (Along With Answers)
Frequent commentator on Social Security issues Tom Margenau, in this post today on creators.com, provides us a quick-hitting review of 10 of the most common questions he deals with. As he notes, the answers are compact and to the point! Check out…