AMAC Foundation
When to Claim Social Security Benefits
Is it better to claim early at age 62 or wait until your maximum benefit at 70? There is no one size fits all answer. It depends on your own individual situation. The Mecury’s writer Janet Colliton gives some helpful…
How can your Social Security Benefits be Tax Free?
The threshold for Social Security benefits becoming taxable is really low and has not been adjusted for decades. Social Security benefits are taxable for a single tax filer at a combined income of $25,000 and for joint filers at $32,000.…
A Question of Identity
Digital Identification is on the horizon. In the interest of sharing only the information necessary to a particular transaction. The Department of Homeland Security Science and Technology is working on a way to use a digital id on your phone…
Have Markets already Privatized Social Security?
With a unique perspective John Tamny for Forbes explains how the markets have already adjusted to Social Security’s shortfalls. The 55 plus crowd, recognizing that Social Security will not sustain them in retirement, are saving and investing more now than…
2025 COLA Situation
Since inflation is currently lower the COLA increase can be expected to be lower. It may be the lowest we have seen in the last few years. The only way this could change is if inflation suddenly increases in the…
Social Security is improving electronic access to provide more efficient service
Social Security is updating their electronic interface with clients by enabling many more documents to be sent to them by email or online. This is improving services by greatly diminishing snail mail and visits to their offices. VA news has…
Average Social Security Earnings in 2024
The average Social Security income shows why retirees need to also depend on other income, such as savings or (hopefully) a pension. Social Security as only meant to cover about 40% of post retirement expenses, as explained in this article…
New RNC Platform – 20 key issues to be prioritized
This article by Ayelet Sheffy on July 8th for Business Insider reveals the priorities of the Trump campaign, including everything from economics to the open border to Social Security and Medicare. The platform helps give voters a clear view of…
How much do People Earn on Social Security?
This article by Kailey Hagen for the Motley Fool was published on July 6, 2024. She looks at the “average amount” of Social Security earned by a typical couple. Read here… Notice: The link provided above connects readers to the full content…
Will a recent Supreme Court Ruling affect Disability Rights?
According to Michelle Diament for Disability Scoop on July 8 2024 the Supreme Court ruling with overturned a 40 year precedent could change the way some disability rules and laws are interpreted. This could lead to legal issues for those…