AMAC Foundation
The “Best Age” to claim Social Security
Spoiler alert: There is no “one best age” to claim your Social Security benefits! Fact is, everyone’s personal circumstances are unique, so what is best for me won’t be the best for you also. Multiple surveys have analyzed when people…
Social Security: Financial Reality and Politics
Those who focus on Social Security’s looming 2033 financial crisis know that there is a solution to the problem. The data are fairly easy to understand – Social Security must increase revenue while also reducing costs – to avoid an…
Look out for the “IRMAA Trap” if you are close to going on Medicare!
The Income-Related Monthly Adjustment Amount (IRMAA) catches many retirees off guard. It takes Social Security almost two years to get your tax return, meaning that your Medicare Part B and D premiums are based on income from two years prior.…
Maximum Social Security Benefit You Can Receive in 2026
Many retirees view their full retirement age (FRA) as the best time to start receiving Social Security benefits, as you will receive 100% of your benefits with no restrictions on continuing to work. In 2026, the maximum benefit someone reaching…
Are You Eligible for a Social Security Spousal Benefit?
Both current spouses and divorced spouses may be eligible for a spousal benefit. A spouse can receive a spousal benefit if their spouse is eligible for a Social Security benefit and already receiving it. You don’t even have to have…
A bipartisan Congress presents a bill not to tax lump-sum Social Security Benefits Received by Retirees Affected by WEP and GPO.
In 2025, when the Social Security Fairness Act was signed into law, the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) were eliminated. These were created to offset the Social Security benefits of employees who received a pension…
The Cost of Medicare Part B Should Be Part of Your Retirement Plan
The cost of Medicare Part B has been rising steadily for several years. If you are 65 years old and on Medicare, the premium is deducted directly from your Social Security benefit. The cost of Medicare Part B costs is…
The Social Security Administration Is Going Big on Technology
On March 7th, 2026, Social Security is launching its new National Scheduling and Workload Systems. These two new systems will change how the field offices handle claims and schedule appointments. When the SSA implements the National Appointment Scheduling Calendar (NASC),…
Surviving Spouse and Social Security
Surviving Spouse and Social Security It’s difficult to acknowledge that one spouse usually outlives the other, but it’s hard to make important decisions when that time comes. One of the decisions you will have to make is when to start…
Did You Know Your Social Security Payments Can Be Garnished?
Even though private creditors cannot touch your Social Security payments, the Federal Government can if you owe it money. You can also have your Social Security payments garnished if you are in arrears on child support or alimony. The type…