AMAC Foundation
Thinking About Taking Social Security Benefits Early?
People appear to be rushing to take their benefits early because many fear it will not be there in the future. This is not a good reason for taking your benefits early, since Social Security will always be there at…
A Look Back at Bush’s Proposal to Keep Social Security Solvent
In 2004 President George W Bush proposed a partial privatization and sweeping overhaul of Social Security. Evan Simonoff for FA Financial Advisor takes a look back to see if that proposal would have helped the situation Social Security is in…
Perspective on Social Security Trustees Report
Martha Shedden, President of RSSA, an organization that educates and certifies Social Security advisors says Social Security reserves are being affected by increased health care costs and the legislation called the Social Security Fairness Act. EINPresswire.com reports here… As an…
Considering Privatization of Social Security
The privatization of Social Security is a controversial policy idea that involves shifting part or all of the U.S. Social Security system from a government-managed program to one where individuals manage their own retirement savings through private investment accounts. Dana…
No more Paper Checks from Social Security
As of September 2025 Social Security will no longer issue paper checks for payments. The transition will help protect Seniors from mail theft and fraud involving paper checks. Aliss Higham for US News explains here… Notice : The link provided…
Why the Big Beautiful Bill did not eliminate taxes on Social Security
The Big Beautiful Bill—a nickname often used by President Donald Trump to refer to legislation he champions—did not eliminate Social Security taxes due to the Byrd rule. The Byrd Rule is a Senate rule that limits what can be included…
2025 Social Security Trustees Report
The latest Trustees Report confirms what we’ve known for years: Social Security is on an unsustainable path. The combined trust funds are projected to run dry by 2034, just nine years from now. After that, the program can only pay…
Fraud Warning from Social Security
Beware of fraud emails that resemble a legitimate government email giving you a link to download your Social Security statement. This email is an attempt to gain your personal information. WGCU Staff explains here… Notice : The link provided above…
2026 Social Security Changes
Social Security has been around for 90 years. While the basic premise remains, some figures change each year. For example, there is almost always a Cost of Living Adjustment (COLA). Other changes include the maximum monthly benefit, wage cap and…
Tax Deduction : $4,000 or $6,000?
The Big Beautiful Bill passed the house with a provision for an additional $4,000 tax deduction for seniors age 65 and over. This is a roundabout way to help cut taxes on Social Security Benefits. The Senate is now perusing…