By Russell GloorAMAC and AMAC Foundation Dear Rusty: I am a woman, turning 65 this October (2025). It seems that deciding when to claim Social Security is complicated. I would like more information to navigate through this maze. Thank you. Signed, Ready to Claim Dear Ready: Deciding when to claim Social Security can be challenging, […]
Tag: Social Security
Posted inWashington D.C. News
Government shutdown–what it means for work, travel and daily life
When the federal government shuts down, the effects are felt far beyond Washington, D.C. Federal workers may miss paychecks, travelers can face longer lines, and job seekers often experience delays in background checks and hiring. Even after funding is restored, agencies face backlogs that can take weeks or months to resolve, leaving practical consequences across communities nationwide.
Posted inFinancials
The retirement gap: Why Black Americans face an uphill battle in saving for the futureÂ
Despite working for decades, many Black Americans reach retirement with significantly less savings than their White counterparts. A 2024 study finds that unequal access to employer-sponsored plans, lower wages and greater economic hardships have fueled this growing racial retirement gap.
Posted inU.S. Government
White House rescinds memo freezing federal money after widespread confusion
President Donald Trump’s office rescinded a memo freezing spending on federal loans and grants after an outcry from states, organizations, and citizens across the country, with the administration insisting that their actions still had the intended effect by underscoring their obligations to abide by Trump’s executive orders.
Posted inCommentary
Ask Rusty – Should my husband file and then suspend his benefits?
The AMAC Foundation’s staff, trained and accredited by the National Social Security Association, advise against suspending Social Security benefits after claiming them, as it does not increase the amount of benefits received.
Posted inBUSINESS
Serving seniors with pride: Meet the new AARP CEO, Dr. Myechia Minter-JordanÂ
Dr. Myechia Minter-Jordan has been appointed as the new CEO of AARP, with a focus on advocating for the inclusion of oral health in broader health care and public health discussions, as well as ensuring the sustainability and viability of Social Security and Medicare.
Posted inCOMMUNITY
Ask Rusty – Have I saved the Social Security program any money by claiming at 62?
The Social Security program has saved money by allowing individuals to claim benefits at age 62, but this has resulted in reduced benefits for those who have claimed early, as they will not break even until age 78.
Posted inHealth, National News, NEWS, News, POLITICS, Politics, U.S. Government
House Republicans propose budget to cut Medicare, Social Security and ACA while favoring wealthy
House Republicans have proposed a budget that slashes Medicare, Social Security, and the Affordable Care Act while favoring tax cuts for the wealthy, sparking a contentious debate over the future direction of economic policy in the United States.