At a time when newly raised and freshly redesigned Social Security payments are going out, retirees are taking notice of how the program they paid into has changed since last year.

This is also a time to consider how the program may continue changing in the new year, so here are three of the top questions we have about the state of Social Security in 2022 and beyond.

Will More COLAs Follow This One?

While the 2022 Social Security COLA is definitely worth celebrating, there’s no denying that the economy is bad enough to take the shine off that increase to some degree.

With inflation causing concerns about the cost of living, even for those who are well off financially, it’s a time to consider how this raise fits into the bigger picture.

While NORA considers it an achievement that the community of benefit recipients (including our own readers) made happen, we hope this increase functions as a catalyst for change and leads to many more like it in the coming years.

What About Healthcare Costs?

Seniors typically spend more on healthcare than any other demographic, and some seniors were counting on their Social Security increase to help pay for the cost of rising medicines and medical treatments.

Social Security isn’t the only government program that’s going through a period of change. Medicare is also seeing shifts that could cause more problems for some seniors, or those with health issues.

Will either program, or both, be updated to match the needs of seniors in our challenging economy?

Will More Retirees Get Behind the Cause?

While every retiree who has paid into Social Security wants what they deserve, not everyone knows that the program has been underpaying its recipients for years.

In order to get the attention of legislators at the highest level, a movement of solidarity between seniors must grow throughout 2022.

Can we count on you to help us further the cause of fair yearly Social Security COLAs? Learn more about our efforts here, then follow us on Facebook and Twitter.