This Record Statistic Spells Trouble for Retirement in America
This year a new record will be reached for retirement in America. This statistic sees a record-breaking number of people hit 65. This means even more people will be heading…
Double-Payment Coming for Some Social Security Recipients
The Mental Benefit of Higher Social Security Payments
As we move further into 2024, seniors are enjoying their raised Social Security benefits. The 2024 COLA increased payments by 3.2 percent, which amounts to about $50 on average. While…
Are Seniors in Financial Trouble?
Are Some Seniors in Financial Trouble in 2024?
Are Seniors in Financial Trouble? It seems paradoxical, but some of America's seniors could be facing big financial trouble. Where's the contradiction? Inflation is reportedly going down. A 3.2 percent…
Could the 2024 COLA Incentivize More Seniors to Un-retire?
Here at NORA, we've previously discussed the trend of seniors un-retiring. It's a movement that's resulted from rising costs in retirement. What's more, it came about during a time when…
When Your Social Security Benefits Could Be Garnished
We all should be able to rely on our benefits in old age. But are there instances when your Social Security could be garnished? This is a question many people…
Social Security vs. 2022 Cost of Living
Average Social Security Payment vs. Average Cost of Living
The Social Security Cost-of-Living Adjustment (COLA) in 2024 is now hitting seniors' bank accounts. As a result, we can now see how far benefits are going. Of course, as we've…
Will You Change Your Usage of Social Security in 2024?
The new year is a time of change, so it should come as no surprise that there will be changes to Social Security in 2024. So much is changing about…
The Role of Social Security in Reducing Senior Poverty
Poverty is a problem that plagues people from all walks of life. But in some cases, it's extra hard to deal with. As individuals age, they often face increased expenses…
Unwrapping a Better Retirement: The ‘Gift’ of a Higher COLA
As the yuletide season rolls around, the tradition of gift-giving intertwines with the essence of generosity and care. However, for seniors reliant on Social Security, the gift they truly deserve…
A Lower Social Security COLA and a Season of Gratitude
During your upcoming Thanksgiving feast, you may discuss many topics around the table — including the upcoming Social Security COLA. A season of gratitude and a much lower cost-of-living adjustment…
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