AMAC Foundation
Revisiting WEP And GPO
One of the most nagging criticisms of the U.S. Social Security program is found in the persistent outcries of unfairness from the people affected by two scorned sections of the program’s massive rulebook. Anyone following legislative activities involving Social Security…
What did people do before Social Security?
Social Security was first introduced in 1935. It has been a tremendous support for older and disabled Americans for decades. Do you ever think about how older people managed before that time? There weren’t a lot of options and often…
Members of American Federation of Teachers attend hearing for HR 82 ( Social Security Fairness Act)
The Windfall Eilimination Provision (WEP) and Government Pension Offset (GPO) affect the Social Security benefits of some government workers who are exempt from Social Security Tax. This legislation was meant to help offset the fact that these workers are treated…
WEP-GPO “Fairness” Examined in House Ways & Means Hearing
FEDweek, a federal and military employees’ and retirees’ information source on pay and benefit issues, yesterday published a recap of last week’s House Ways and Means Social Security Subcommittee hearing on the perceived “fairness” or “unfairness” of Social Security’s Windfall…
Should you delay taking Social Security benefits until 70?
A person who is eligible for Social Security can claim benefits anytime between 62 and 70. If you take it early your benefit will be reduced. If you wait until 70 you will receive the maximum payment. There is a…
Dental coverage, especially important for older Americans, is not covered by Medicare.
Dentists understand the importance of healthy teeth and gums. Despite this, Medicare rarely, if ever covers the cost for these services. The great majority of older Americans are paying out of pocket or not getting basic dental service which could…
Important Guidelines for reducing Scams
Senior citizens are especially vulnerable to scams. To protect yourself from fraud there are general guidelines you can follow. This article is focused on the state of New York and Medicare, but the information is helpful to everyone. Notice: The link…
Many seniors find “un-retiring” is a better option
For many seniors, working a whole career can get stale, causing retirement to look extremely attractive. But about 2 in 5 Americans have found that retirement isn’t all they dreamed it to be, and have returned to work – in…
Need to bolster your retirement income? Here’s how
Of course, everyone wants to maximize their retirement income, but options for doing that as you approach retirement age are scant. You’ve already saved as much as you were able to over your lifetime, so your nest egg is set…
Encore Article: Medicare Coverage Options and Open Enrollment
This article was first published last fall but is worthy of this encore re-publication because the topic – Medicare – is one which affects a majority of our readers all year long. Originally published by the non-profit Kaiser Family Foundation…