AMAC Foundation
A Look Back in Time: Comparison of Social Security Benefits in 1974 and 2024
Stefon Walters for The Motley Fool provides a look at how Social Security has increased over the years. He also mentions the difference in the cost of goods between then and now. Read here… The link provided above connects readers to…
Identity Theft Awareness Week – January 27-31
The Social Security Administration is providing two webinars during the week to help you learn how to protect yourself from ID Theft. Attendance is free. Along with information on avoiding identity theft you will also hear about free tools and…
Social Security Overpayments to Deceased Individuals
Social Security has begun a campaign to collect repayment from family members of deceased persons. These overpayments are rare but do occur because of delays in death notifications, errors in record updates and automatic deposits. Gabriela Leon for MSN explains…
An Analysis of the Future Potential Result of the Passage of HR82
The repeal of the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) made the headlines at the end of 2024. So what happens next? How will the repeal affect Social Security Solvency? Will there be some corrective tax…
Review of Three Important Social Security Rules
Social Security has hundreds of rules. Most are pretty straightforward, but there are a few that are somewhat obscure and not very well known. It is crucial to know about these rules if you happen to be affected by them.…
Potential Social Security Changes Under New Administration
President Trump has already made changes during his first day in office. So far we do not know when or if there will be changes to Social Security. His main agenda is to eliminate federal taxes on Social Security benefits.…
Migrant Contributions to Social Security
Millions of migrants living in the United States illegally pay into Social Security but are not eligible to collect it. Mass deportations could affect the financial solvency of the program. Jeff Arnold for NewsNation explains here… As an example of…
Is There a “Best” Age to take Social Security benefits?
There are many perspectives on this question. Here at the AMAC Foundation, we tell people to consider their finances, health and family longevity when making the decision. The hard part of this is that no one knows when they will…
Are you Ready for Retirement?
Jeffrey Quiggle discusses Social Security and 401(k)s with best selling author Suze Orman. Social Security is not enough and could possibly be reduced in 2033. How can you be prepared for a cut in benefits? Read here… As an example…
How Should Social Security be Reformed?
According to an Article by Marc Gulberti the Social Security Fairness Act will harm the budget and create roadblocks in the future, while government retirees will get overly generous Social Security benefits that no other senior citizens in the country…