Could Lower Inflation Mean a Lower Social Security COLA?
They say there can be good news in bad news, and vice versa. As inflation skyrocketed back in 2022, the 2023 Cost-of-Living Adjustment (COLA) for Social Security beneficiaries broke records.…
They say there can be good news in bad news, and vice versa. As inflation skyrocketed back in 2022, the 2023 Cost-of-Living Adjustment (COLA) for Social Security beneficiaries broke records.…
When you're carrying out your retirement and Social Security planning, consider the worst-case outcome. Some say that we should hope for the best in life, but plan for the worst.…
Regular readers of NORA will know we talk a lot about Social Security's future. It's our mission to inform our audience and make the case for fair yearly Cost-of-Living Adjustments…
As we've discussed, many people wonder whether they should claim Social Security early. In most cases, the answer seems cut and dry. You can get higher payments by waiting to…
Often lost in the retirement debate between Baby Boomers and Millennials, there's a unique perspective from Gen X on Social Security. While many Baby Boomers are already in retirement, younger…
How Do Railroad Retirement Benefits Work with Social Security? Social Security isn't the only program designed to support people in their old age — railroad retirement benefits also do the…
As you approach retirement, understanding key aspects of this transition is essential for a smooth and fulfilling experience. First, familiarize yourself with your Social Security benefits. Knowing your estimated monthly…
Who doesn't love getting more money? It's always a welcomed sight — especially when it's well deserved. That's the case with the 2025 Social Security raise. Rumors are swirling as…
Life is all about decisions. For future Social Security recipients, you must make the decision on when you'll retire. This isn't just about choosing when you'd like to walk away…
Many people know that the age you claim Social Security impacts your benefit amount. Here at NORA, we cover the advantages of waiting to claim, noting how it can result…