AMAC Foundation
Basics for Everyone Participating in Social Security
Although most of the basic rules and regulations associated with Social Security have been covered in the many searchable articles on this site, a post by VIBUS contributor Fran Candelera brings together “10 things Americans need to know about retirement…
AI and Social Security—Perfect Together? Maybe Not!
The headlong rush into artificial intelligence (AI) these days produces a steady stream of new players. As a concept, though, AI dates back several decades, with a simple mission of using computer science and robust datasets to enable problem-solving. The…
Social Security Spouse Benefits
Are you wondering when is the best time for your spouse to claim benefits? This can be a complex decision. Generally, spouse benefits are available if 100% of the lower earning spouse’s Full Retirement Age benefit is less than 50%…
Increased COLA Percentages in the Future?
There is a possibility of changing the way Cost of Living Adjustments are calculated in the future. It would depend on lawmakers agreeing to use a different method – relying on the Consumer Price Index for the Elderly (CPI-E) instead…
Are you Collecting Social Security benefits early and Still Working? You need to Know About the Retirement Earnings Test!
Many retirees who are under Full Retirement Age, getting benefits and still working do not understand how the Retirement Earnings Test works. If you earn over the limit ($22,320.00 in 2024) Social Security will take back $1.00 for every $2.00…
A Tale of Two Presidents: Options for Saving Social Security
Both presidential candidates pledge to save Social Security but they are espousing different paths to this end. Should the funding come from “other sources”? Currently Social Security is funded by ss taxes, interest on bonds and income taxes paid on…
Can you Collect Social Security Benefits when you live in Another Country?
For the most part, the answer is yes. There are a handful of countries that are the exception. The number of Americans collecting Social Security benefits from overseas has risen rapidly in the last few years. Lower costs for housing…
Ways to Safeguard your Social Security Account against Scammers
When someone uses your personal information for their own benefit identity theft has occurred. Josh Weller, Social Security Public Affairs Specialist in Denver CO, explains how to avoid this situation in this article published by The Sundance Times on July…
Making the Social Security Disability process easier
The agency recently made changes to the disability application process for both programs it administers: Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI). Updates will improve the application process and take less time for applicants to receive a…
Social Security was Last Overhauled in 1983
That was the last time the Social Security Trust Fund was nearly depleted. Legislative changes were made to gradually extend the Full Retirement Age, increase the payroll tax and apply additional income tax to Social Security benefits. We are in…