Higher COLAs: A Lifeline for Seniors’ Financial Stability and Enjoyment
Why are higher COLAs in higher demand than ever? Because in recent years, the rising cost of living has been a significant concern for retirees. Many seniors rely on fixed…
What’s the Average Social Security Benefit at Age 70?
According to Yahoo Finance, the average Social Security benefit at age 70 is $2,176.76. This is up from the reported average overall benefit, which is just above the $2,000 mark.…
2026 COLA Prediction: Lowest COLA in Half a Decade?
Preliminary projections suggest that the 2026 Cost-of-Living Adjustment (COLA) for Social Security recipients could be around 2.4 percent. While that may sound like welcome news amid signs of a cooling…
COLAs Are Crucial for Seniors in 2022
Are COLAs Still Important Even if the Economy Improves?
COLAs Are Crucial for Seniors in 2025 In the 2025 economy, the topic of Cost-of-Living-Adjustments (COLAs) is as popular as ever. Social Security recipients always have some interest in this…
Setting the Record Straight on Federal Social Security Taxes
This is Part 1 of our 3-part series on taxes in retirement. For Part 2, click here, and for Part 3, click here. Recently, retirees have been flooded with claims…
When Social Security Loses Value, Everyone Pays the Price
It's no secret that Social Security loses value over time. Inflation and other economic factors have diminished the value of the dollar, and in turn, the value of Social Security…
What the Latest 2026 COLA Estimate Means for Retirees
The latest forecast for the 2026 Social Security Cost-of-Living Adjustment (COLA) has inched up to 2.5 percent—just enough to match last year’s increase. For many retirees, that would mean roughly…
3 Reasons Social Security Claims Have Surged
So far in 2025, Social Security benefit claims are up by 13 percent from last year. This equates to about 276,000 new applications, with many more likely to follow. What's…
Will a New Social Security Policy Cause SSA Delays?
As readers of NORA will know, delays from the Social Security Administration (SSA) have been an issue for years. Managing the needs of a program this large is understandably difficult.…
SSA Clawback Repayment Level Changes Again
In recent years, the Social Security Administration (SSA) updated its approach to recovering overpayments, making several key adjustments. Initially, it eased the financial pressure on recipients by lowering the default…