Social Security
Yet Another Study: Millennials Deficient in Saving for Retirement
A new study by National Institute on Retirement Security (NIRS) manager of research, Jennifer Brown, suggests that “Most Millennials have nothing saved for retirement, and those who are saving aren’t saving nearly enough.” Her report on the study, titled “Millennials and Retirement:…
Rep. Johnson Opens Hearing on Need for Permanent SSA Commissioner
Yesterday, House Ways and Means Social Security Subcommittee Chairman Sam Johnson (R-TX) delivered the opening statement for a Committee meeting on the need for appointment of a Social Commissioner “empowered to make strategic decisions regarding the long-term operation of the…
What SSA Doesn’t Tell You Can Hurt You
It’s been the subject of quite a few news reports in the past, and here it is again…the SSA’s Office of the Inspector General (OIG) just released an audit showing poor performance in notifying widows and widowers about their retirement benefit…
Your Social Security Benefits: The Importance of Understanding the System
Getting the most out of your earned Social Security benefits is one of the keys to building the best financial situation for your retirement years. Achieving this desired situation, though, requires a clear understanding of the rules and complexities associated…
Retirement Uncertainty and the Impact on Women
Recent research by research Transamerica Center for Retirement Studies (TCRS) reports that “only 12 percent of women indicated being “very confident” they will someday retire comfortably.” This sentiment, coupled with frequent news accounts of generally lower benefit levels and longer lifespans for women,…
Another Tax Scam Alert Involving Social Security Numbers
In a post on abc7chicago.com, the Consumer Reports editorial staff offers another alert, in a continuing series of alerts, on the importance of filing federal income tax returns as quickly as possible. “Getting a refund quickly is not the only upside…
Measuring Poverty: Social Security and SSI Help, But…
The U.S. Census Bureau’s Supplemental Poverty Measure (SPM), the yardstick that extends the official poverty measure by taking account of many of the government programs designed to assist low income families and individuals that are not included in the official poverty…
Boomers Express Need for Social Security Counseling
Maybe its a simple matter of chronological proximity, but a survey conducted in February by Massachusetts Mutual Life Insurance Co. indicated that Baby Boomers have a stronger interest in Social Security counseling than close in the Millennial age cohort (birthdates…
The Importance of Knowing Your Social Security Options
If you’re reviewing the contents of this website and examining the rich and robust information presented on its pages, you’re to be commended for taking an active stance in learning about Social Security. With the posts presented on our “Headline…
The Most Consistent Question–When Should I File for Social Security Benefits?
The general question of “When should I file for Social Security benefits?” is one of the most common questions on the minds of folks approaching age 62. In fact, AMAC Foundation’s Social Security Advisory Service, an acclaimed service available free…