AMAC Foundation
Earning The Maximum Social Security Benefit
Have you ever wondered how to earn the maximum Social Security benefit? In 2025, the maximum benefit amount is $4,018. If you delay taking your benefits until age 70, it is $5,108. For those who choose to file at 62,…
Social Security Is Still Mailing Paper Checks
As of September 2025, there were still approximately 400,000 recipients receiving paper checks. This was down from 456,000 still receiving them in March. They are mostly people who can’t afford a bank account due to not being able to afford…
Social Security is More Than Just a Retirement Benefit
Social Security is more than just a retirement benefit. In fact, Social Security also helps to protect your family. It provides benefits for your family should you become unable to work or pass away. Most young people tend not to…
The Cost of Medicare Part B is Still Delayed, but Expect a Substantial Increase
Due to the government shutdown, the release of the actual increase for Medicare Part B in 2026 is still delayed. The current estimate is still expecting it to increase from the current premium of $185 to $206.50. An increase of…
Are you earning enough work credits to qualify for Social Security?
You must work for at least 10 years to earn the 40 credits you need to qualify for Social Security benefits. Each year, the amount you need to earn tends to increase. It is driven by the national average wage…
Is it worth delaying your Social Security benefits until age 70?
Age 70 is when you receive your maximum Social Security benefit. You become eligible as early as 62, but did you realize your Social Security benefit grows 76% between ages 62 and 70? If you are in good health, still…
Ask Rusty – Did the Obama-era Social Security Tax Cuts Hurt the Program?
Dear Rusty: I will be retiring early next year but my question to you is: During the Obama administration, payroll taxes that employees pay were cut in half from 6.2% to 3.1%, while the employer’s part stayed the same at…
Your Personal “my Social Security” Account
Think about this: how often do you check on your personal finances, for example, the amount of money in your savings account, or how your investment portfolio is doing? Chances are that the answer is – you check from time…
Social Security Announces 2.8 Percent Benefit Increase for 2026
The awaited announcement of the 2026 Cost of Living Adjustment has finally been made. Please see this article from the Social Security Administration. Also, if you’re unsure about how these basics apply to you, or if you have any questions…
Understanding Social Security for Divorced Spouses
Divorce is usually traumatic and sometimes acrimonious, but such emotions are absent from Social Security’s rules governing benefits for divorced spouses. If the marriage lasted at least 10-consecutive years, benefits from a former spouse are the same as if the…