Latest News
Urban Institute Gearing Up to Explore Social Security 2100 Act
Urban Institute’s Senior Fellow Richard Johnson and Research Associate Damir Cosic yesterday announced plans to launch detailed examinations into the recently-proposed Social Security 2100 Act. Using their micosimulation tool “DYNASIM” they plan to examine how the bill would shift the distribution of…
No, Your Social Security Number is Not Expiring!
One of the recurring scams these days is an unsolicited call from someone purporting to represent the Social Security Administration advising you that your Social Security Number is expiring or being revoked. The caller then asks for identifying information to…
An Overview of Survivor Benefits
For folks concerned about doing well-rounded estate planning, it becomes critically important to fully understand spousal benefits and survivor benefits. and how decisions can impact them. Seeking Alpha contributor Bruce Miller takes a fairly detailed look at these benefit provisions, and…
Your Social Security Benefit Can Grow After Retirement
OK…you’ve bitten the bullet and made your Social Security decision. It’s good to know that the monthly benefit amount you’ve settled on will not be permanent and that it can in fact grow. An article by Social Security representative Erin Thompson explains…
The age-old question: Must I divulge my Social Security Number when asked?
In the past few years, the seemingly endless barrage of security breaches that cause millions of pieces of personal information–including Social Security Numbers–to be unleashed to nefarious sources has given many of a chill. In an article titled “When It’s…
Thoughts on filing “on-time”
“On-time” might mean different things to different people when it comes to filing for Social Security benefits, but for the purposes of this article posted by The Motley Fool’s Maurie Backman, it means filing in accord with one’s “full retirement age.”…
When to File for Benefits?
This is clearly one of the more frequent questions we receive in the AMAC Foundation’s Social Security Advisory Service and, unfortunately, we can only begin an answer with the responds, “It depends.” The simple fact is there really is no…
Claiming Social Security early, and what happens if you work
Most folks probably know that by claiming your Social Security benefits early your benefits will be cut from what you would get by waiting until your full retirement age to apply. But many don’t really understand how substantial the cut…
On Social Security benefits becoming taxable income
In what is unfortunately a surprise to many Social Security beneficiaries, benefits may become taxable income. For the IRS, your total “combined income” – which includes your regular adjusted gross income, plus any non-taxable interest you might have, plus 50% of your…
GOP’s Brady pushes for bipartisan Social Security reform
In a call for bipartisan cooperation in a House Ways & Means Committee hearing, Representative Kevin Brady (R-TX) touted America’s renewed economic prosperity as a catalyst for continuing last years progress on America’s retirement security with reforms to the Social Security program.…