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Understanding Taxes and How They’re Assessed
From Federal Income Taxes to Unemployment Taxes, with Social Security taxes (FICA) in between, the Motley Fool’s Christy Bieber explains what’s taken from your paycheck in an article posted on finance.yahoo.com’s News page. It’s a timely refresher on our tax system, given…
Common Retirement Planning Mistakes…One of them Involves Social Security
Planning for a financially secure retirement is not a simple process…and that’s why so many put it off. Even so, for those who build assumptions into their personal plans, there are several fundamentals that are often misunderstood. Nevin Adams, in a…
The Impact of Immigration on Social Security
Our AMAC Foundation Social Security Advisors often field comments from callers regarding illegal immigration and it’s contribution to Social Security’s financial dilemma. These comments often take the form of hearsay, where our callers rail against “undocumented” immigrants receiving Social Security benefits…
More on When to Retire–A Helpful Chart
The general question of “When should I retire?” is one of the most frequent inquiries fielded by the AMAC Foundation’s Social Security Advisory Service. And while our general first response is, “It depends,” we do spend time discussing the reasons…
Saving for Retirement–Looking Beyond Social Security
If you’ve given substantial thought to maximizing your Social Security benefits, congratulations! Many folks haven’t, so you’re a step ahead of the pack. But what about the rest of your financial strategy for those later years? Social Security District Manager…
Some Ideas to Lower Living Costs in Retirement
No matter how much you’ve saved for those retirement years, it’s always a good idea to look for ways to shave your living costs during those later years. The Motley Fool’s Maurie Backman, in a post on finance.yahoo.com’s news page, offers some…
The Vulnerabilities Women Face in Retirement
CNBC.com’s Lorie Konsh takes a detailed look at the financial vulnerabilities many women face in retirement years. Whether it’s the impact of spousal benefits, the inability to save adequately, or the impact of multiple marriages, Ms. Konish suggests “… there…
Re-Thinking the Dream of Retiring
Many folks daydream during the workday of retiring, putting the stress of the daily grind behind them, having no schedule to follow, and so on. But as that point in life approaches, it seems many are having second thoughts about…
Behind on Retirement Savings? Some Thoughts on Catching Up.
Barron’s Nick Fortuna, in an article posted on www.barrons.com, focuses on the plight of an estimated 1.23 million Americans who have been out of work and job-seeking for six months or more. His article offers some helpful thoughts on strategies for recovering…
Your Social Security Claiming Age and it’s Impact on Your Lifetime Benefits
By now, most likely everyone aging into Social Security eligibility has heard the advice to avoid the temptation to grab their benefits as early as possible. But do you know why? The Motley Fool’s Sean Williams, in a post on www.nasdaq.com, explains…