AMAC Foundation
No More Social Security Benefits for Illegal Aliens
President Trump is taking action to end ineligible people from receiving Social Security benefits. The Presidential Memorandum also expands the Social Security Administration’s fraud prosecutor program and establishes a Medicare and Medicaid fraud-prosecution program. President Trump believes that taxpayer-funded benefits…
Social Security’s New Anti-fraud Measures
Moving forward all Social Security claims made over the telephone will be subject to an “anti-fraud” check. Originally Social Security proposed cuts to phone services, but backlash from the public caused an modification to be made. Enhanced technology helps Social…
Reflections on Joe Biden’s First Post-Presidency Speech
Former President Joe Biden took to the stage in Chicago at the national conference of Advocates, Counselors and Representatives for the Disabled on April 15th. In his first speech since leaving office he railed against the Trump administration’s handling of…
Have you ever Wondered How Social Security Works?
There are many facets to Social Security from retirement benefits to disability benefits to survivor benefits. It’s important to understand how this information may apply to you. This article by Kristin Hitchcock for MSN offers a comprehensive look at these…
One Perspective on Social Security and Attaining Wealth
Scott Galloway, New York University and podcaster views the Social Security tax as regressive because of the tax cap on earnings. He suggests that affluent people such as himself should not receive Social Security and that the program should be…
Handling Social Security Overpayment repayments
Effective March 10, 2025 Social Security reinstated its policy of withholding 100% of payments to pay off overpayments. The new rule applies after March 27th. If you have been overpaid, Social Security will send you a letter with an explanation…
Social Security Benefits and Taxes
On this tax day let’s read about how to figure income tax on your Social Security benefits. When making financial decisions it is important to consider the amount of taxes you will need to pay on your Social Security Benefits.…
Removing Social Security from Taxable Income could Affect Insolvency Date
The Social Security Trust Fund is due to run dry in the mid-2030s. This situation has already been exacerbated by the passage of the Fairness Act in January 2025, which moved the insolvency date up six months. President Trump would…
Modernizing Social Security Now will Safeguard it for Present and Future Retirees
There’s a lot of ranting about recent changes to Social Security. Some fail to realize that leaving it alone to continue on as is will be devastating to millions as the trust fund runs dry in the mid 2030’s. Working…
What Affect will Tariffs have on Next Year’s COLA?
The Cost of Living Adjustment (COLA) is a measure of third quarter inflation from one year to the next. With tariffs in play inflation could be increased or decreased. Which way will it swing? Sean Williams for The Motley Fool…