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AMAC warns of more Social Security phone scams

Robocalls

WASHINGTON, DC, MAY 17 – Robocall Social Security Administration scams are on the rise. The Federal Trade Commission [FTC] says SSA telephone shakedowns specifically targeting senior citizens now surpass phony IRS calls, according to the Association of Mature American Citizens [AMAC]. For the past few years, fake IRS calls topped the list of complaints received by the FTC. “But the new SSA ...

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AMAC Explains How Social Security Survivor Benefits Work

As an answer to a question posed in a letter to the editor, the Association of Mature American Citizens (AMAC) published an explanation of how survivor benefits work for widows and widowers. Widower Seeking Answers About Social Security by AMAC Certified Social Security Advisor Russell Gloor As a widower, you could have started receiving a survivor benefit from your wife ...

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Did Paul Ryan Propose Raising The Retirement Age To 70?

Paul Ryan House Leadership Press Briefing

The liberal Facebook page Really American, which has nearly 1 million followers, posted a meme claiming that House Speaker Paul Ryan had proposed a plan to increase the retirement age to 70. “Hypocrisy of the GOP,” reads the Dec. 9 meme. “Paul Ryan proposed raising the retirement age to 70 but retired at 48 with a full government pension.” Verdict: ...

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Hogan: Social Security Won’t Give You Security

Social Security won't give you security

If you’re counting on Social Security to finance your retirement, you’re in for a big surprise. Money expert Chris Hogan explains why. Full Transcript If you’re counting on Social Security to finance your retirement, you’re in for a big surprise—and not the good kind. Let me give you two reasons why. One: Social Security is going broke. And, two: Even ...

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Social Security Administration Announces 2.0% COLA Increase

The Social Security Administration announced Friday that it will increase Social Security and Supplemental Security Income benefits for more than 66 million Americans by 2.0%. “The 2.0 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 61 million Social Security beneficiaries in January 2018, SSA said in a statement. “Increased payments to more than 8 million SSI ...

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Social Security Administration Releases Proposed Rules on Disability-Related Gun Ban

Social security card

 On Friday, the Social Security Administration (SSA) released a draft of a proposed rulemaking that would supposedly bring the agency into compliance with what it claims is its responsibility to report prohibited persons to the National Instant Criminal Background Check System (NICS). The proposal focuses on five factors to determine if certain SSA recipients receiving Disability Insurance or Supplemental Security ...

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The Coming Social Security War

When one faction of politicians makes a principled stance and threatens to shut down the government, the opposing faction likes to conjure up images of an apocalyptic world where the sick and the elderly are left to starve because they cannot get their federal benefits. As it turns out, the real threat to entitlements is a fully functioning government doing ...

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Obama’s Budget Plan: Raise Taxes on Middle Class, Gut Charities

President's budget

$800 billion in tax increases form the center of President Obama’s new budget plan with some $1.2 Billion in cuts to future spending growth. Neither side seems to willing to support the plan. Democrats say that the tax increases don’t go far enough and point to the liberal plan from the Senate that raises taxes by more than twice what ...

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Obama Pardons Infamous Ponzi-schemer Bernie Madoff, Appoints to Manage Social Security Trust Fund

“Madoff duped a handful of well-off investors…meanwhile the Social Security program is duping generations of all classes of investors…” –Dr. Edward Forsythe At a White House press conference Wednesday evening, President Obama announced he has issued an executive pardon to infamous Ponzi-schemer Bernie Madoff and appointed the convicted felon to manage the country’s Social Security Trust Fund. “Look, the Social ...

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Social Security: Issuing Checks & Hollow–Points

Some of the more excitable members of the conservative Internet commentariat sounded battle stations when they learned the Social Security Administration (SSA) wanted to buy 174,000 hollow–point bullets. Had granny decided she was not going passively the next time Paul Ryan tried to shove her off a cliff? Were irate seniors busy sharpening the legs on their walkers in preparation ...

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The Coming Entitlement Crisis

In February of last year, conservative commentator  George Will gave a great lecture at the Navy War College in Rhode Island.  In that lecture, he detailed two major battles we will face in the coming election, which are taxes and entitlement reform. Despite what the liberal media says about conservatives, we are not trying to destroy Medicare. We are trying to salvage ...

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Retirement Programs-Running on Empty

Government trustees report this week reveal that Social Security and Medicare will run out of money sooner than expected. Medicare is looking at a shortage beginning 2024 but Social Security for Disabled (SSI) will be out of funds just around the corner in 2016. All agree that by 2030 there will only be enough money to cover 75% of the ...

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