savings
Will I Get A 2026 Cost of Living Adjustment (COLA)?
Traditionally, as we approach the 4th quarter each year, we have come to expect the announcement of various Social Security changes for the upcoming year. Probably the most highly anticipated of these changes is the annual Cost of Living Adjustment…
Demystifying Your Social Security Benefit
Winston Churchill famously described the Soviet Union as “a riddle inside an enigma wrapped in a mystery.” That may also be an appropriate way to describe your Social Security benefit, or so it seems when trying to understand how your…
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…
Retirement Advice from an Expert
Dave Ramsey is one of America’s most famous financial gurus, dispensing retirement advice via his books, podcasts, and other media outlets. He’s not without his critics but, largely, even his critics acknowledge that he provides sound advice on retirement matters.…
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…
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…
Multifactor authentication is gaining acceptance
People are no longer frustrated about multifactor authentication processes and other security measures on retirement plan websites and mobile apps, according to the latest J.D. Power’s U.S. Retirement Plan Digital Experience Study. Over half of the respondents stated that security…
Financial pressures reshaping retirement planning
Over one-third of employees are withdrawing from their retirement accounts to pay down urgent needs, according to Payroll Integrations’ Employee Financial Wellness Report. Gen Zers are leading the way with 46 percent stating they have taken money out of their…
What to expect from Social Security
The headlines about Social Security insolvency are scary to most Americans. According to a recent survey from NerdWallet, “36 percent of Americans under age 65 don’t think that Social Security will be available to them by the time they retire.”…
You are not too old to start saving
“Better late than never” can be said about saving for retirement. Some people say, “I’m too old to start saving for retirement”, but in truth, you are not. Even if you started later than everyone else, you could start saving…