What if the 2027 COLA Isn’t High Enough?
As the 2027 Social Security Cost-of-Living Adjustment (COLA) announcement approaches, there's uncertainty about whether the increase will be sufficient to keep up with rising living costs. If the COLA falls…
How to Save on Social Security Taxes in Retirement
Many people imagine that when they finally walk away from the workforce, they'll be done with taxes as well. However, Social Security taxes are a burden that retirees still have…
How a Low COLA Puts Retirees’ Health at Risk
A low Cost-of-Living Adjustment (COLA) isn't just a financial issue — it can have serious health consequences for retirees. With medical costs consistently rising, the modest 2.8 percent COLA for…
The Average COLA Per Year (1975-2026)
The purpose of Social Security Cost-of-Living Adjustments (COLAs) has been to keep retirement benefits on par with inflation throughout the years. But as anyone following this matter knows, the payments…
What Is the Current 2027 COLA Prediction?
Readers of NORA will know that we cover Social Security changes each year as they happen. One of these, and arguably the most important, is the yearly Cost-of-Living Adjustment (COLA).…
Why the COLA Still Matters Even for the Financially Comfortable
For retirees who’ve built strong portfolios or enjoy steady investment income, the annual Cost-of-Living Adjustment (COLA) might seem like a minor detail. Some seniors view it as a small increase…
NORA Supports The COLA Act: A Solution for Social Security
Here at NORA, our core mission is to raise Social Security benefits for all seniors. We've all paid into this program and deserve to be paid back in full. Unfortunately,…
Many Seniors Find Themselves in This Situation as Retirement Nears
Many seniors begin preparing for retirement, only to realize they're not as prepared as they'd hoped. Some people were never able to get started. They delayed planning, or had circumstances…
When Social Security Loses Value, Everyone Pays the Price
Despite being funded by earnings from millions of workers, Social Security continues to lose value. Inflation and other economic factors have diminished the value of the dollar, and in turn,…
A Very Small Percentage of Seniors Will Maximize Their Social Security Benefits
Do you plan to maximize Social Security benefits by waiting until 70? If so, you're in the minority. According to this article by Kerry Hannon of Yahoo News, only 10…