AMAC Foundation
The Importance of Checking Your Social Security Statement Regularly
Review your Social Security statement without delay to ensure your earnings are reported correctly each year. Any missed or understated earnings will reduce your Social Security payments. Your Social Security benefit depends on your top 35 years of earnings. If…
How Do the Federal Interest Rates Affect COLA?
The rising cost of gas due to the conflict in Iran is raising the cost of living (COLA). Normally, the Fed cuts rates to stimulate the economy. March inflation rose 3.3% per the Consumer Price Index (CPI), mainly due to…
Can I receive Social Security and continue working?
When Social Security was originally created in 1935, you could not work and collect Social Security benefits at the same time, even if your earnings were less than the amount of your benefit. It has changed many times over the…
Social Security Insolvency: The News Got Worse
Many Seniors are already on edge about Social Security! If you pay attention to public media, you are surely aware that the Social Security Trust Funds are forecasted to run dry soon. Last year’s projection by the Trustees of the…
The Right Timing for Claiming Your Social Security Will Impact Your Retirement Finances
Determining when to start your Social Security benefits is crucial, especially if they will finance a large part of your retirement. If you were born in 1960 or later, your full retirement age (FRA) is 67. At that age, you…
It’s Never Too Early to Start Planning Financially for Your Retirement
Do not wait until later in life to think about retirement. While you may feel young and carefree now, you must plan ahead to ensure you can afford the retirement of your dreams when the time comes. Many still target…
AI’s Social Security Advice is Not Always Correct
AI is often cited as the reason so many people are losing their jobs. But when it comes to Social Security advice, the answers you receive may not be correct. For example, check out this earlier post describing an unfortunate…
You’re finally 62, but is it time to start your Social Security benefits?
After years of working, reaching the age of 62 means you can access Social Security benefits. But is it optimal for you now? Do you still plan on working? If so, earnings are limited until your full retirement age (FRA).…
New Wave of Imposter Scams: Criminals Using Real SSA Employee Names and Fake Badges
FOR IMMEDIATE RELEASE https://oig.ssa.gov April 27, 2026 Media Inquiries: oig.press@ssa.gov New Wave of Imposter Scams: Criminals Using Real SSA Employee Names and Fake Badges Federal law enforcement agencies are warning the public about a surge in government imposter scams involving…
Will my ex-spouse’s spousal benefit reduce my Social Security benefits?
A former spouse married for at least ten years may receive spousal benefits on their ex-spouse’s record if eligible. The positive news for the individual whose record the benefit is based on is that it does not reduce their own…