seniors
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…
Can Medicare deny services?
Can Medicare deny someone services if they are not financially needy? The answer is no, since Medicare is not a needs-based program. Medicare has specific eligibility rules for certain medical services, as mentioned on The Elder Law Answers website, such…
Choosing your Medicare coverage
The Medicare Annual Enrollment Period is approaching quickly: October 15 to December 7. At this time, you can change your Medicare Part C and Part D plans for the upcoming year. This allows you to ensure you are enrolled in…
Steps to take if you have an unplanned retirement
More than 806,000 jobs have been cut so far in 2025, with the government leading with 292,294 cuts, followed by 89,251 in technology and 80,487 in retail. Many of those affected now face unplanned early retirement without time to prepare.…
One month to 2026 COLA is announced
The 2026 Cost-of-Living Adjustment is expected to be announced on October 15th by the Social Security Administration; however, this has not stopped industry experts from predicting the amount of the increase. The Senior Citizens League (TSCL) predicts that the 2026…
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…
Some harsh truths about the COLA
The 2026 Cost-of-living allowance (COLA) will be announced next month. Many seniors see this as a raise, but it is far from that. COLA is solely meant to keep pace with the impact of inflation, so you don’t lose buying…