seniors
When is Medicare Part A free?
For most seniors, the FICA payroll tax they pay when working includes an amount for Medicare’s “Part A” – which is Medicare coverage for inpatient hospitalization services. Those payroll contributions, made for at least 10 years of working, result in…
When Is the Right Time to Retire?
Ah, retirement! That wonderful time of life that we dream about all during our working years, but which also presents a dilemma as we approach the end of our working career. When is the right time to retire? Do we…
Don’t Lose your Social Security Disability Income (SSDI)
Getting approved for Social Security Disability Income (SSDI) can sometimes be an arduous task. About 2/3rd of all SSDI applications are initially denied, which may mean an appeal process must be used. Then, even if approved, there is a 5…
About Claiming Social Security Early
One of the most frequently asked questions at our AMAC Foundation Social Security Advisory Service is “when is the best time to claim Social Security?” Our answer, of course, is “It depends.” It depends on your financial need, your health…
“Anti-Fraud” screening at Social Security eases need for in-person identity checks
In what appears to be a concession due to public outcry over the need to visit a local office to verify identity for some SSA transactions, the Social Security Administration has announced a new “anti-fraud” check which will flag telephone…
How Safe Are your Social Security Benefits?
Well, if you listen to all of the media reports these days, you might very well be concerned amount the safety of this crucial senior benefit program! On any given day, you may read about how “Social Security is going…
Oh no!!! A COLA Forecast Already?
While it is far to early to accurately predict the 2026 Cost of Living Adjustment (COLA) for Social Security recipients, predictions inevitably happens about this time every year. After all, next year’s COLA won’t be known until early-October of this…
Course Correction at the Social Security Administration Sorely Needed
Amid all of the media hyperbole from liberal Democrats in arms about the Department of Government Efficiency (DOGE) and, most recently, about DOGE activities to cut Social Security fraud and waste, comes a reasoned opinion by a respected media executive…
Some Retirees Will See an Increase in their Social Security payment
If you are among the retired public service workers who receive a government pension, yet did not contribute to Social Security while earning same, you will likely see an increase in your Social Security benefit, starting with your April 2025…
Medicare boosts reimbursement rates; good news for insurers
Shares for U.S. health insurers went up on the stock market yesterday, based on an announcement by the Centers for Medicare and Medicaid Services (CMS) that they will raise reimbursement rates for Medicare Advantage plans starting in 2026. This is…