Data Shows the Dangers of Social Security Benefit Cuts
The subject of Social Security benefit cuts has been getting more attention lately, and for good reason. Retirement is supposed to be a time to enjoy the life you’ve worked…
Social Security Could Be Cut — Here’s How to Plan Ahead
A Social Security benefit cut is a real possibility. What would you do if this happened? A better question might be, what could you do with $325 a month? How…
Social Security Tax Cap Increases in 2025, But Is It Enough?
In 2025, the Social Security tax cap will increase to $176,100, up from $168,600 in 2024. While this might seem like progress, many argue that the adjustment still doesn’t go…
Social Security Benefit Cuts: Are They Coming Sooner Than Expected?
For years, economists and financial analysts have warned of the possibility of Social Security benefit cuts. We here at NORA have discussed this issue in depth previously. However, recent reports…
Social Security and the U.S. Federal Deficit
As the U.S. Federal deficit continues to swell, so do the concerns about Social Security. Budget problems have been around for decades. Neither party has provided a true long-term solution.…