AMAC Foundation
Which is better? A Roth IRA or a regular IRA?
The two key differences between a Roth IRA and a regular IRA are that you pay taxes on your contributions to a Roth, and with a regular IRA, you pay taxes on your withdrawals. When you file your tax return,…
Social Security Remains Open During the Government Shutdown
Social Security remains open during a government shutdown, though some delays are possible. Dana George at The Motley Fool outlines which services are available. With a My Social Security Account, you can apply for benefits, print an income verification letter,…
How Different Government Agencies Are Affected by the Government Shutdown
The Social Security Administration has only 12% of its 52,000 employees furloughed. However, this could change if the shutdown persists for an extended period. In comparison, the Veterans Administration has an even smaller portion furloughed; only 3.2% of its 462,000…
The Family Max Does Not Affect a Married Couple’s Social Security Benefits
Social Security sets a limit, known as the “family maximum,” on total benefits a family can receive. This limit does not affect a couple’s benefits unless one spouse qualifies for a spousal benefit. Both high-earning spouses can each receive the…
Women Tend to Receive Smaller Social Security Benefits
There are various reasons women tend to earn less in Social Security Benefits. According to the article by Lane Erickson and Mary Johnson, an average women receive $332 less per month. They share some insight on how to avoid some…
Scam Alert – The Following Alert is From the Social Security Administration
For Immediate Release October 8, 2025 Unexpected Letter, Text, or Email from the U.S. Supreme Court? Think Scam First The Office of the Inspector General (OIG) for the Social Security Administration (SSA) is warning the public about a…
October 2025 Payments Will Be Made on Schedule
The government shutdown does not affect your receiving your Social Security benefits. The following article by Jordan Blake gives you the schedule for when you will receive your October Social Security payment. You can read his full article here ……
Working and Social Security
One of the most common questions we get asked as a Social Security Advisor at the AMAC Foundation is, “If I take my benefits before my full retirement age (FRA), how much can I earn?” When you start your benefits…
New Chief Executive Officer of the IRS
The current Social Security Administration Commissioner, Frank Bisignano, will now also be working with the Internal Revenue Service (IRS). A new position has been created, and he will also be the chief executive officer of the IRS. He will report…
The government shutdown could delay the release of Social Security Increases for 2026.
The cost-of-living increase is normally released on October 15th. The government shutdown will not cause a delay in receiving your monthly Social Security benefits, but it may delay the release of the 2026 cost-of-living adjustment (COLA). According to the article…