seniors
Social Security and the National Debt
Does Social Security contribute to the national debt? According to this article published by the CATO Institute, yes it does. This once again becomes a discussion topic on the heels of the recently published annual report by the Trustees of…
Social Security Insolvency Nearing, but There is Still Time to Reform it.
In this very interesting and accurate article by David Timmons of the National Taxpayers Union (NTU), the author discusses the recently released report from the Trustees of Social Security, providing an excellent outline of the problem and how it might…
Experts Disagree on Social Security Insolvency Date
On the heels of the official annual report from the Trustees of Social Security, another budget modeling organization did a separate analysis on the program’s financial health. That new analysis suggests that rather than the SS Trust Funds running dry…
Appealing the Medicare “IRMAA” Surcharge
In this interesting article, a newly retired senior found that her Medicare premiums for the forthcoming year will be based upon her (and her husband’s) income while they were still working. That’s because Medicare premiums are determined each year from…
Medicare Is Not Going Away, but Healthcare Costs Are Definitely Rising!
Those of you on Medicare, who watched as your monthly premium for Part B (outpatient medical services) went from $164.90 per month in 2023 to $202.90 per month in 2026, are acutely aware of the rising cost of American healthcare.…
Your Retirement “Nest Egg” and the Impact of Home Ownership
At one time, having $1 million dollars in your retirement “nest egg” was consider almost a necessity to achieve a comfortable life in your golden years. No question that would be a good goal, but as time has marched on,…
A Ray of Hope for SS Reform???
Just recently, the so-called “Bipartisan Social Security Commission Act of 2026 (H.R. 9187)” was introduced on the House Floor by Republican Congressman Tom Cole (OK-04) and Democratic Congressman Tom Suozzi (D-Long Island/Queens). Coincidentally, House Speaker Mike Johnson yesterday called on his…
Here we go again! Myths About Social Security!
Over the years, I and my AMAC Foundation colleagues have written numerous times about Social Security myths, especially the most pervasive myth of all – that politicians have “stolen” (or otherwise squandered) Social Security money for other purposes. That myth…
Choosing Medicare Coverage? Look beyond the monthly premium
With about 10,000 people each day turning age 65, most are faced with a very consequential decision about their healthcare coverage. The choices are: to enroll in either “traditional Medicare” (with a supplement plan to cover medical costs Medicare doesn’t);…
Should I Claim Social Security at 62?
Sounds like a simple question, right? Well, trust me, there is not really a simple answer to whether you should claim SS at age 62. Of course, age 62 is when you first become eligible for SS retirement benefits, but…