AMAC Foundation
Make The Most of Your Social Security
When to start Social Security benefits is your decision. If you are married, talk with your spouse about your options to make the most of your benefits. This choice affects your future, so consider your life expectancy, health, and other…
Will the Social Security Earnings Test Go Away?
Addressing an issue which has been a topic of Congressional discussion for quite some time, a legislative proposal known as the 2026 Senior Citizen Freedom to Work Act proposes to eliminate the penalty for those who exceed certain income limits…
Collecting Social Security and Working Beyond Your Full Retirement Age
You’ve finally reached your full retirement age (FRA), you’re healthy, and you like your job. Now you can collect 100% of your Social Security benefits without being subject to an earnings limit. You’re thinking about the extra money and your…
Is Social Security Your Only Income?
If Social Security is your only retirement income, you may be eligible for other assistance. If you are disabled or do not qualify for Social Security, you may qualify for Supplemental Security Income (SSI). SSI is not Social Security, but…
Did you work in a position that didn’t pay into Social Security but paid into Medicare?
There are still thousands of eligible widows and divorced spouses who have not claimed spousal or survivor benefits. In 2025, Congress passed the “Social Security Fairness Act,” which overturned the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO).…
Dear Rusty – I Want to do Everything Right When I Claim Social Security
Dear Rusty: I will be 62 in two years. I plan on signing up for SS at age 62, but I have heard there are details that are important when signing up. When it comes time, I want to make…
Clearing up Confusion About Survivor Benefits and the Restricted Application
Spousal benefits are often confused with survivor benefits, and both areas of the Social Security rulebook are well-documented with specific guidelines. There was, however, a “loophole” that savvy retirement planners could exploit to improve a couple’s combined benefits through a…
Who Will Solve Social Security’s Financial Crisis?
Congress has been kicking this can down the road for a long time. For several decades, the Trustees of Social Security have warned, in their annual report to Congress, that Social Security is facing a financial crisis. For many years,…
Claiming too Early Could Hurt Your Spouse Later
Deciding when to claim Social Security is always a challenge, and far too many make that decision without fully understanding the consequences. It’s confusing, especially since there is a window of about 8 years during which you can claim SS…
A Misguided Approach to Solving Social Security’s Financial Issue
In this somewhat scathing indictment, noted economist Alicia Munnell discusses a proposal by U.S. Senators Cassidy and Kaine to solve the Social Security program’s financial woes through borrowed funding. The so-called Cassidy-Kaine Proposal suggests that the federal government borrow $1.5…