AMAC Foundation
The Importance of your Full Retirement Age to your Social Security retirement benefit
Each year, the Social Security Administration changes some rules affecting your benefits, so knowing the changes goes a long way toward choosing when to claim Social Security. Your “full retirement age” – which is when you get 100% of the…
Political Promises vs. Social Security Reality
During the 2024 election season, we often heard candidates promising that cuts to Social Security were “off the table.” President Trump was among those so promising but, as is already evident, that promise did not extend to cutting waste and…
Ask Rusty – Can I Get Extra Social Security for my Military Service?
Dear Rusty: Please help. I served from 1964 to 1966 in the US Army. I have been trying to contact Social Security in order to request extra benefits for veterans. The telephone is a recording, and you never get to…
New Proposal Raises Retirement Age
The Brookings Institution released a proposal for Social Security reform that includes raising the Full Retirement Age for high earners and taxing all Social Security benefits with adjusted gross incomes above $100,000 for individuals and $125,000 for couples. Melanie Waddell…
Working on the Budget
Congress is putting together a budget. Of course, there is disagreement on some of the items in the budget. According to this article by Tim for VB Vermont republicans have rejected amendments that would protect affordable health insurance and Social…
Retirement Crisis in America
If you are relying on Social Security alone for your retirement income you will be living below the poverty level. People are living longer and our retirement system is outdated. Jeannine Mancini for Benzinga explains here… The link provided above connects…
What to do now That the Social Security Fairness Act has passed
Then President Joe Biden signed the Social Security Fairness Act on January 5, 2025. This eliminated the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). There two pieces of legislation imposed offsets to some government employees who did…
2026 COLA Prediction – Already !
Every year the inflation rate is analyzed to calculate the next year’s Cost of Living Adjustment (COLA) to Social Security benefits. It is only February, but the Senior Citizens League has analyzed the projected numbers and come up with a…
Social Security Fraud
The new Department of Government Efficiency (DOGE) is looking into fraudulent spending of social Security funds. Instead of joining the effort to rid Social Security of waste, Democrats are spreading erroneous information, saying the Trump administration is going to dump…
Important Information for those Living Outside the U.S.
Are you living outside the U.S. and collecting Social Security benefits? Lately som U.S Embassy websites have sent out warnings about possible suspension of benefits. This applies to those whose address on record is outside of the country. A suspension…