AMAC Foundation
Are Social Security Income Taxes Eliminated, or Not?
Well, as we’ve shared in other articles at this website, including our recent Ask Rusty weekly publication, the answer to that is somewhat confusing to explain. Taxes on received Social Security benefits have not, yet have, been effectively eliminated, at…
Demystifying When to Claim Social Security Retirement Benefits
Claiming Window is 8 Years Long Perched high on our list of Frequently Asked Questions is this: “When should I claim my Social Security retirement benefits?” That’s not surprising, since there is an 8 year window, starting at age 62…
Ask Rusty – When Will I Get Full Credit for Delaying my SS Retirement?
Dear Rusty: The time is nearing that I want to move from my current Social Security survivor benefit to my own SS retirement benefit at 70 years of age. I have been looking more deeply into the application of Delayed…
Social Security is Going to A National System
The Social Security Administration (SSA) is moving away from its usual local handling of cases to a national workload system. This will allow claims and service requests to be handled by any field office nationwide. SSA is attempting to do…
Social Security Benefits based on an Ex-Spouse
If you were married at least 10 years before your divorce, you may be eligible for benefits on your ex-spouse’s Social Security record. Not even a divorce decree can take away your eligibility for benefits if you meet the length…
Collecting Social Security and Continuing to Work
After reaching your full retirement age (FRA), you can work and earn any amount. If you claim Social Security before your FRA, different rules apply. If you decide to take your benefits before your FRA, you are not only taking…
Beware of the “IRMMA Trap” When Making Your Retirement Plans
Discussion of the requirements for minimum distributions (RMDs) usually focuses on the tax effect. Especially since your RMDs can go up as you age. Marc Gubert has written an article with some pointers to help you avoid “The Potential Tax…
Social Security is Going National March 7th
On March 7th, 2026, Social Security will introduce a National Appointment Scheduling Calendar (NASC) and National Workload Management (NWLM) platform. Even though Social Security is a federal program, its customer service has been more locally based. With the change, instead…
Assets Do Not Affect Your Eligibility For Social Security
Social Security was created in 1935, and the rules have changed over the years. The earnings limit now ends in the month you reach your full retirement age (FRA). Originally, if you made any money, you could not receive your…
Social Security will remain solvent as long as people contribute.
There is a lot of unnecessary fear that Social Security will go bankrupt. Social Security operates on a pay-as-you-go basis and remains funded as long as workers contribute. Social Security is experiencing a financial deficit, which may lead to reduced…