AMAC Foundation
Social Security Fairness Act
A legislative attempt to overthrow WEP/GPO is gaining momentum. Democrats are forcing a “discharge petition” for a vote on HR 82 The Social Security Fairness Act. This is possible if at least 218 congressional members back it. Andrew Solender for…
No One Knows when They are going to Die
That’s what makes when to take Social Security a difficult decision. If we only had this bit of information it would be a lot simpler. For example, the situation in this article by Jordan Rosenfeld for GoBanking Rates shows us…
Proposed Solution for Social Security Insolvency
U.S. Senator Sheldon Whitehouse, Chairman of the U.S. Senate Budget Committee, spoke at the Social Security hearing today. His remarks offer a perspective and a proposed solution to the Social Security insolvency issue. Read here… Similar to many consulting organizations,…
Another COLA Prediction
Although the actual COLA percentage won’t be officially announced until mid October, predictions continue to come forth. These have varied a bit recently, but seem to be settling down to around 2.6%. We will see what it is in mid…
H. R. 82 regarding WEP and GPO Making Progress
Congressman Clay Higgins is forcing a vote on HR 82, which has been lingering without action for some time. There may be good news for government workers who earned a pension while not paying into Social Security. Read here… The link…
Today’s Hearing on Social Security
Commissioner for the Social Security Administration has concerns about the budget. He is in the middle of trying to resolve a staffing crisis so the agency can efficiently serve the needs of the American people. Others want to cut his…
When to Claim Social Security
When to start your Social Security benefits is a major decision. Knowing that the trust fund will run out in 10 years if nothing is done can make that decision even more confusing. Selena Maranjian for The Motley Fool explains…
Difficulties of Applying for SSDI and SSI
There are two types of disability programs under Social Security. The first is Social Security Disabilty Insurance. This is available to people who have worked and paid into Social Security for at least 5 or the last 10 years. The…
Thoughts on Social Security Reform
The US Government Accountability office is submitting mock proposals to overhaul the system. As the programs funds continue to dwindle and no action is taken, the situation becomes worse. There are several options to consider. Read here… Similar to many…
How Much do Americans know about Social Security
In a recent survey 53% of Americans admitted they have limited knowledge of Social Security and how it fits into their retirement plans. Read here… The first link provided above connects readers to the full content of the posted article. The…