AMAC Foundation
Delay of Social Security Reform will Cost More in the End
By Brian Anderson on December 2, 2024for 401K Specialist The Peterson Foundation projects waiting until the Social Security Trust Fund is depleted would mean payroll tax increases of benefit cuts about 1/5th higher than if Congress took care of this…
An Interesting View of Universal Basic Income
By John Tammy on December 3, 2024 for Forbes One author’s take on the relationship between Social Security and Universal Basic Income. For the most part, UBI is seen as a bad thing, not because people may decrease work, but…
Alternatives to Social Security “Fearmongering”
by Jeannine Mancini for Benzinga on December 2, 2024 People tend to panic over headlines dramatically pointing out that Social Security is potentially running out of money. Instead of worrying about a worst-case scenario, how about focusing on making better…
About Social Security Cuts
By Maruie Backman on November 30, 2024 for The Motley Fool Everyone knows Social Security is in financial trouble. The trust fund will run dry in about 10 years without changes to the program. Instead of focusing on cuts it…
Whatever Happened to HR 82, the Social Security Fairness Act?
Aris Folley for The Hill on December 1, 2024 This legislation has been passed by the House through a discharge petition. There is some disagreement in the Senate, whether it is better to reform the WEP (Windfall Elimination Provision) and…
The Possibility of Trump’s Proposed Changes to Social Security
By Keith Speights for The Motley Fool on December 1, 2024 President-elect Trump wants to eliminate federal taxes on Social Security benefits. This sounds really good to those who have to pay them. This move however could cause the trust…
When to Expect Social Security Payments this December
By Suzanne Blake for Newsweek on December 2, 20024 Social Security payment dates vary depending on whether you are receiving retirement benefits, survivor benefits, or Supplemental Security Income. Holidays can also have an impact. For example, SSI recipients got their…
Social Security Resources for Homeless People
The Social Security Administration is one of nineteen federal agencies which participates in the U.S. Interagency Council on Homelessness, whose mission is to prevent and end homelessness in America. Unfortunately, homelessness is a substantial problem in America affecting those in…
WEP-GPO Repeal: The Argument(s) Continue to Unfold
Over the past few weeks, and especially in the week or so leading up to the November 12 House vote on H.R. 82 (the “Social Security Fairness Act”), we’ve seen a relatively steady stream of opinions about the merit of…
“Political Intrigue” Sidelines WEP-GPO Bill…For Now, Anyway.
The House Bill to repeal the longstanding and much-aligned Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) Social Security rules appeared headed to a forced floor vote, at least until yesterday. In a procedural move described as “unusual,” outgoing…