Social Security
Women and Social Security - AMAC Foundation “The times, they are a-changing!”
“The times they are a-changing,” Grandpa was fond of telling Grandma as they navigated through the Great Depression, the world changing around them on their small upstate NY farm. Although the Social Security Act was passed with much fanfare in…
Ask Rusty – Why is my Social Security Retirement Benefit So Small?
Dear Rusty: Can you help me understand? I have paid into Social Security since I started working in 1978. I did have a lot of tax deductions, but I don’t understand why I only receive $350 a month from Social…
Social Security’s looming insolvency and peparatory steps you can consider
Most who are tuned in to Social Security’s problems are aware of the projected — and fast-approaching — insolvency. It’s frequently covered in the news media, and is a frequent topic addressed here on this website. Most experts do not…
Financial Experts Comment on Social Security and Trump Accounts
As noted in an earlier post today, Trump Accounts are off and running. So, how do they relate to Social Security, especially with respect to the long-term retirement picture for today’s younger workers. This topic was the subject of an…
Words of Wisdom on Social Security, Beginning with When Benefits Hit Your Checkbook
As we often do here on this website, we are channeling insights today from the venerable Tom Margenau, a 32-year veteran of Social Security administrative positions. In this piece, he begins with an observation about the mistake of taking uninformed…
OBBBA Consequences Cited in New Trust Fund Insolvency Warning
The 2026 tax filing season kicked off officially earlier this week, and many taxpayers are eagerly awaiting an assessment of the impact on their personal financial situations. Larger refunds, or at least lower tax liabilities, are likely in store for…
Social Security Eligibility and Work Credits–An Annually Changing Scenario
With all the hoopla about the 2026 cost-of-living adjustment for Social Security benefits, compounded by its erosion due to Medicare Part B increases, it’s easy to see why changes to the earnings requirement for work credits can go unnoticed. After…
Social Security’s Looming Insolvency–Know the Facts
Most folks tuned into current economic affairs are well aware of the projections that Social Security’s trust fund reserves, valued at nearly 3 trillion dollars just a few years ago, will be depleted by 2033 (or 2032, depending on the source). Reaching this point is…
Achieving an Effective Strategy for Social Security Benefits Requires Knowledge
Without question, the world of Social Security is one of the most complex areas to navigate. The decisions can seem intimidating and heavily weighted, given that they are, for the most part, permanent. For this reason, it is essential that…
Working After Claiming Benefits–The Pros and Cons
Remaining in or rejoining the workforce after claiming Social Security benefits has its upsides, but it also has some cautionary factors to weigh. For example, if you are not yet at your full retirement age, there are limits to the…