Full retirement age
Know your full retirement age
You can start receiving your Social Security retirement benefits as early as age 62; however, if you start receiving benefits early, your benefits will be permanently reduced. If you wait until you reach your full retirement age, you will receive…
How Does your Social Security payment compare?
Ever wonder how your monthly Social Security benefit compares to others? For some of us that may make us feel fortunate, and for other not so much so. Fact is, the monthly benefits each of us receive from SS may…
When to Apply for Social Security Spouse Benefits
Here at the AMAC Foundation’s Social Security Advisory Service, we answer thousands of inquiries each year, largely focused on when the questioner should claim their personal SS retirement benefit. And we usually say “it depends” – on each person’s individual…
Oh No!! Time to go back to work?
It may be akin to heresy to suggest it after you have retired, but going back to work might just be in your future. The reality is that inflation, though somewhat eased, still casts its insidious effect on consumer prices.…
Delaying Social Security: Risk vs. Reward
Most financial advisors will suggest that waiting for a higher Social Security benefit is a wise strategy, yet very few seniors actually heed that advice. In fact, only about 10% of all SS beneficiaries maximize their Social Security benefits by…
Social Security in 2026
Each year, the Social Security Administration implements changes which can effect you, even if you are not yet collecting retirement benefits. Those changes are largely based upon national economic conditions and, for higher earners, will affect how much SS tax…
Claiming Social Security at 62: Discussing the Pros and Cons
In this interesting article by Kerry Hannon at Yahoo! Finance, the author provides an interesting perspective about the wisdom of claiming Social Security retirement benefits at the earliest possible age (62). It has been an ongoing debate with many diverse…
Ask Rusty – Why Won’t Social Security Give me my Benefits?
Dear Rusty: I called the Social Security office, as well as went with my husband when he went to collect his Social Security. Because I work full-time (at about $800/week), they said I could not file for my Social Security.…
Fear of Insolvency Driving Many Decisions to Claim Benefits Early
It’s not the only reason folks claim Social Security before full retirement age, but the growing anxiety over the program’s financial future has become a significant factor driving early filing. The Schroders 2025 US Retirement Survey results note that 36% of…
Significant Progress at SSA during 2025!
Long the target of disgruntled beneficiaries, headline seeking mainstream media, and some Congressional Representatives, the Social Security Administration has just provided a report on its accomplishments and progress in fiscal year 2025. The report, detailed in a letter to Congress…