more than 65 million Social Security beneficiaries in January 2023. Increased payments to more than seven million SSI beneficiaries began on December 30, 2022. Help Your Clients By Becoming a Social Security Claiming Expert NRMLA has partnered with the National Association of Registered Social Security Analysts to promote a new educational opportunity for NRMLA members that can help grow your businesses. The demand for Social Security advice is unprecedented, and the Registered Social Security Analyst® (RSSA®) credential is the standard of excellence in Social Security planning and education. These analysts can help clients potentially gain tens or hundreds of thousands of dollars in incremental Social Security income. The RSSA® program uses RSSA® Roadmap software training, created for individuals who want to dive deeper into the nuances of Social Security. NRMLA members will receive a $300 discount on the eLearning program. To enroll, visit www.narssa.org/ registration/ and use the promo code: NRMLA300 U.S. Drops to 18th Place in Global Retirement Rankings Rising inflation and a volatile stock market contributed to the United States falling from 17th to 18th place among the top 44 industrialized nations in the 2022 Global Retirement Index (GRI) released in September by Natixis Investment Managers. The United States ranked 23rd a decade ago. Now in its tenth year, the 2022 Natixis Global Retirement Index examines critical issues driving global retirement security on the heels of the pandemic and reveals the top countries for retirement security around the world. The Natixis GRI rankings are based on an aggregate of mean scores from zero to 100 percent for 18 performance measures in each of four subindexes: Finances in Retirement (U.S. ranked 11th); Material Well-being (U.S. ranked 30th); Health (U.S. ranked 17th); and Quality of Life (U.S. ranked 21st). The indexes are combined to provide an overall picture of the environment for retirees. Norway ranked No. 1, followed by Switzerland and Iceland. Luxembourg and the Czech Republic moved into the Top 10, while Germany and Canada dropped out. Read the full report at https://bit.ly/3U5ccQ0. Subscription Discount for RMD, Other HW Media Publications NRMLA is proud to partner with HW Media to provide our members with exclusive, discounted pricing for an Annual HW+ membership. HW+ unlocks unlimited access to a housing ecosystem built on community, best-in-class news, data and research across mortgage, real estate and property technology and is accessible across HousingWire, Reverse Mortgage Daily, RealTrends and FinLedger. Memberships can be purchased using the code NRMLA150. Follow the instructions at https://bit. ly/3T4MiKL. Welcome, New Members NRMLA welcomes our newest members: • Financial Solutions Home Loans, Aptos, CA (Lender); • Five Brothers, Warren, MI (Associate Member); • SitusAMC, New York, NY (Associate Member); Southeast Commercial Consulting LLC, Newport News, VA (Lender); and • Southern Mortgage Corp., Atlanta, GA (Lender). The press is talking about ... Tips for Using Emergency Cash What are some smart ways for consumers to access emergency cash without paying exorbitant rates for personal bank loans or credit cards? An August 15 article in Financial Advisor Magazine mentions reverse mortgages as one option. A reverse mortgage is primarily for “those in What’s News continued on page 8 REVERSE MORTGAGE / JANUARY–FEBRUARY 2023 7
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