AMAC Foundation
A Strategy to Maximize Your Social Security
This Yahoo! Finance article explains how to maximize your Social Security benefits, possible adding another $300,000 to your total lifetime benefits. It suggests that delaying up to age 70 to claim your benefits is a smart move, vs. taking a…
Solutions for Social Security’s Financial Woes
To politicians, Social Security is viewed as a “third rail,” with most not willing to even discuss the modifications which will inevitably be needed to restored the program to financial solvency (“third rail” refers to the electrical power source for…
Retirement Security for your Dependent(s)
With October, which is National Retirement Security Month, just around the corner, it’s important not only look at your personal retirement security but also the retirement security for your dependents. Of course, your spouse is each person’s usual beneficiary but,…
New Social Security Online Account is Easier to Use
In a continuing effort to provide enhanced online services, the Social Security Administration has announced that they have updated the “my Social Security” account homepage to facilitate access to your personal Social Security information. The new format makes it easier…
The Value of Social Security Knowledge
Here at the AMAC Foundation[1], we are keenly aware that knowledge about Social Security will help everyone choose a course of action which is best for their financial wellbeing. At times, it is someone who is looking ahead to retirement…
Coming Soon: Medicare’s Annual “Open Enrollment” Period!
It’s coming up fast: Medicare’s annual “Open Enrollment Period” which starts each year on October 15th and runs through December 7th. This is the time when American seniors can enroll in or change a stand-alone Medicare Part D Prescription Drug…
Ask Rusty – Should my Spouse be getting half of my Social Security amount?
Dear Rusty: I was referred to you to ask a question about Social Security benefits. I receive about $1,700 a month from Social Security while my husband receives only approximately $750 monthly. Is he entitled to file for half of…
Social Security Will No Longer Mail Paper Checks
This article proclaims it’s “the end of an era,” and it definitely is. Social Security has been mailing monthly payments to beneficiaries since the late 1930s. Of course, for many years, Social Security has also been requiring new recipients to…
Sometimes you need to take your Social Security at 62
You constantly hear about strategies for maximizing your Social Security benefits, but it is not always your best option. When to take your Social Security benefit is a personal decision only you can make, depending on your personal circumstances. …
Are You Eligible for a Spousal Benefit?
Even if you never worked, if you are married or were married at least 10 years, you could qualify for benefits based on your spouse’s record. You can get a spousal benefit equal to 50% of your spouse’s full retirement…