The Stop Social Security Garnishment Act of 2026

Social Security benefits are generally protected from garnishment, but legal exceptions exist. On August 17th, Sen. Bernie Sanders (I-Vt.) introduced legislation to prevent the federal government from garnishing Social Security benefits of seniors for unpaid student loan payments.  The Stop…

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What a typical couple’s retirement really costs

Based on federal data, a typical American couple aged 65 or older needs about $1.16 million saved to retire comfortably.  According to an analysis by Investopedia, the nest egg a couple needs ranges from $800,000 to about $1.33 million, depending…

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The Value of Social Security Knowledge

Here at the AMAC Foundation[1], we are keenly aware that knowledge about Social Security will help everyone choose a course of action which is best for their financial wellbeing.  At times, it is someone who is looking ahead to retirement…

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Today is Social Security’s 91st Birthday!

Although this article is titled somewhat pessimistically (will this be one of Social Security’s “last birthdays”), it includes an analysis by the Committee for a Responsible Federal Budget (CRFB) which is actually a very comprehensive evaluation of the financial issues…

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An Important Question: When to Claim Social Security?

About 25 million American’s are between age 55 and 62, meaning that most in that age group are contemplating a very important decision they will soon need to make. As they approach Social Security’s “early eligibility age” (age 62), most…

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“Ask Rusty – We Were Bitten by Medicare’s IRMAA this year; What Should I Do? ”

Dear Rusty:  My wife and I file our taxes jointly. In 2024, I took an IRA Required Minimum Distribution (RMD) which was significantly more than I was required to take. My Medicare premiums were not affected in 2025, and our…

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