Social Security
Some Quick Pointers on Social Security
The CheatSheet’s Karen Bennett, posting on their :Money & Career page, provides a snapshot of some basic Social Security parameters. Her items range from taxation of benefits to the nagging solvency issue, with some important details in between. Read her post…
Retirement Savings and Defined Contribution Plans: A Fix is Needed
One of the more frequently reported retirement planning issues is what many perceive to be a critical shortfall in savings among future retirees. Time.com’s Money page, for example, not too long ago reported that a third of Americans have accumulated…
Homestretch Retirement Planning
You may not view it this way, but attaining age 50 is considered a wake-up call by many. It’s a plateau of sorts, and it’s a good time to take stock of where you are with respect to preparing for…
Happy New Year from the AMAC Foundation!
2017 marks the close of a successful year for the AMAC Foundation, and we’re pleased with the success of our programs in support of America’s Seniors. Most notably, we thank the many visitors to our Social Security Report and Medicare Report websites,…
Another Call for Bi-Partisan Social Security Reform
Citing projections from the recently-issued 2017 Social Security Trustees Report, The Motley Fool’s Sean Williams issues a call for bi-partisan action in Congress to address the program’s troubling solvency problems. Williams reiterates the Trustees’ position that a substantial benefits cut…
Putting America’s “Retirement Crisis” in Perspective
MarketWatch columnist Jeff Reeves takes aim at one of today’s serious issues by providing a chilling recap of the problems facing our country’s retirement system in the years ahead. Noting the dearth of savings on the part of future retirees, the decline…
Social Security Benefits Losing Ground to Health Care Costs
HealthView Services (HVS ), considered to be a leading producer of health care cost-projection software, forecasts that health costs for today’s workers will at some point eclipse their Social Security benefits. Driven by a projected health care cost inflation rate of…
2017 Earnings Test Increases Will Benefit Many
Social Security beneficiaries drawing benefits while remaining employed received some good news in the SSA’s list of 2017 program changes. The “earnings test”–the limits beyond which monthly benefits are reduced–have been set to advance by 7.6%, from $15,720 to $16,920. The…