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Biden & Sanders clash on Social Security
Social Security hasn’t been part of the stump speeches of the Democrat candidates very often this season, but Bernie Sanders and Joe Biden have come to heads about comments Biden apparently made in the past. Biden’s team accuses Sanders of doctoring a video…
Understanding the SECURE Act
Since its becoming law on December 20, 2019, the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE) has drawn many questions from the public, specifically in terms of how individuals are affected. BBB Education Foundation columnist Melissa Ramsey, in…
The Most Important Factors That Determine Your Social Security Payout
As one approaches the decision point on when to file for Social Security benefits, there are several key factors that come into play. Three of these–how many years you worked and how much you earned–are pretty much unchangeable at that…
It’s the New Year…Time to Review Your Financial Protection Mechanisms
Just like taking stock of your physical condition and making that vow to improve yourself in the year ahead, it’s essential at this time of the year to take a good luck at your financial condition. BBB Education Foundation columnist…
A Quick Review of 2020 Social Security Changes (Including the SECURE Act’s Implications)
Several of the key Social Security parameters are changing in 2020, and Robert Powell, TheStreet’s Retirement Daily editor outlines them in this post on www.usatoday.com. His article also explains some of the aspects of the SECURE Act implemented in December, 2019 and…
Understanding the “Retirement Red Zone” and How to Navigate Through It
The “retirement red zone” is described by Anthony Adenikinju of Impact Partners in a post on Forbes.com as “the five-year period before retirement and the first five years during.” It’s not just a period of time…it’s a period of time during…
If You’re Planning to Rely Heavily on Social Security, Read This
In a post titled “How Much of Your Retirement Income Will Come From Social Security?”, The Motley Fool’s Christy Bieber discusses the statistical distribution of Social Security benefits, noting that “For those relying on Social Security as their exclusive or primary means of…
A Roadmap for Filing for Social Security Benefits
U.S, News & World Report contributor Rachel Hartman, in a post on money.usnews.com, provides a helpful list of steps those aging into Social Security eligibility need to be aware. From the documents you’ll need to have at hand to the actual application process,…
The One Big Question: When Should I File for Benefits?
It’s one of the most frequent topics our AMAC Foundation’s Social Security Advisory Service deals with…this question of when should one file. Not only is it a big decision, it is permanent (irrevocable in the first year, but permanent after…
SSA Services for Small Business Owners
With small businesses representing over 99% of employers in the United States, it’s refreshing to note that help is available to these often-harried proprietors. In a post by the Social Security Administration on patch.com, Patch Contributor Delia De Mello offers instruction on…