Reverse Mortgage Funding LLC (RMF) Offers Guides for Consumers and Financial Professionals on Social Security’s Biggest COLA Adjustment in 40 Years

RMF publishes twin guides (consumer and business oriented) – freely available to the public – offering general policy information and strategies for maximizing social security benefits

BLOOMFIELD, NJ/ACCESSWIRE/January 26, 2022/ Today, Reverse Mortgage Funding, LLC (RMF) released two free guides for consumers and financial professionals on how to maximize Social Security benefits. The Social Security Administration recently announced a 5.9% Cost of Living Adjustment (COLA) for 2022, increasing average monthly payments by nearly $100. The 2022 COLA adjustment is the largest increase in Social Security checks in 40 years and could affect more than 60 million Americans per month.

Many seniors preparing for retirement are unfortunately not prepared to maximize their retirement benefits. 68% of workers over the age of 50 do not know their full retirement age, and of these, 62% believe they are entitled to full Social Security benefits sooner than they are actually, which can lead to claiming benefits sooner than necessary, which permanently reduces check totals by up to 30%.

“The 2022 COLA adjustment is an important announcement that affects everyone who is collecting or will soon be collecting Social Security benefits,” said Kurt Czarnowski, former regional director of communications for the Social Security Administration (SSA) in New England and consultant social security expert for RMF. . “The cost-of-living adjustment will likely raise many questions for retirees about whether the benefit increase will support their long-term retirement plan. Knowing how to maximize their benefits is more important than ever for seniors.

Consumers can download the digital guide at Financial professionals can download their free digital guide through’s free online educational platform for advisors and planners.

“I strongly encourage all seniors and financial professionals to learn how to maximize their Social Security benefits by reading RMF’s comprehensive, free guides to better plan for a successful retirement,” adds Czarnowski. “Most retirees don’t know all the factors that determine their maximum benefit, which could cost them dearly. The most common mistakes are taking unprofessional advice, applying for benefits sooner than necessary, checking rates anticipated taxes based on the amount of the benefit and supplemental income, not verifying the accuracy of your annual Social Security income statements, not planning as couples, and more.”

RMF is committed to guiding older Americans to make their imagined retirement lifestyle a reality and in the comfort of their own home. In keeping with the company’s commitment to providing exceptional customer support, straightforward guidance, and ensuring an exceptional customer experience, RMF recently announced that it has lowered the minimum age requirement to 55+ in select states.* for its exclusive Equity Elite® reverse mortgage product. These reduced age restrictions now allow an additional 2.7 million households to benefit from a reverse mortgage, grant the possibility of having a greater cash flow, especially for those who have not been able to save enough for a successful retirement.

To learn more about reverse mortgage financing, please visit

About LLC Reverse Mortgage Financing

Founded in 2012, Reverse Mortgage Funding LLC (NMLS ID #1019941) is one of the nation’s largest GNMA issuers of reverse mortgages and a recognized thought leader in the industry. RMF is focused on originating, acquiring, investing and managing reverse mortgages and reverse mortgage-backed securities. The company is headquartered in New Jersey, with offices in New York and California, and field offices in the United States. RMF is a wholly owned subsidiary of Reverse Mortgage Investment Trust Inc. (RMIT), a finance company specializing in the reverse mortgage industry. RMIT is a subsidiary of Starwood Capital Group, a global private investment firm and agencyless mortgage innovator. The relationship with Starwood Capital provides RMF with the unique ability to develop new product lines and create strategic partnerships within the Starwood Capital family of companies.

RMF prides itself on continually receiving accolades from its customers, receiving a 98% customer satisfaction rating.1 Evaluation; a4.7 stars / Excellent score on Trustpilot;24.8 out of 5 stars on LendingTree;3 and anA+ rating with the Better Business Bureau4.

*Available to borrowers over age 55 in select states only. Higher minimum age requirements may apply. Visit for details.

Reverse Market Insight research data, June 2021.

1Source: RMF customer satisfaction survey, December 2021

2Source: Trustpilot, January 2022

3Source: LendingTree Ratings and Ratings, January 2022

4Source: Better Business Bureau as of January 2022

This material has not been reviewed, approved or released by HUD, FHA or any government agency. Company is not affiliated with or acting on behalf of or at the direction of HUD/FHA or any other government agency.

NOT FOR CONSUMER USE. ©2022 Reverse Mortgage Funding LLC, 1455 Broad Street, 2nd Floor, Bloomfield, NJ 07003, 1-888-494-0882. NMLS Company ID: #1019941. For licensing information, go to: Arizona Mortgage Banker License #0927682; Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act; Loans made or arranged under a California Finance Act license; Georgia Mortgage Lender Licensee #36793; Massachusetts Mortgage Lender License #ML1019941; Licensed by the New Jersey Department of Banking & Insurance; Licensed Mortgage Banker – New York State Department of Financial Services – Branch Address 700 Corporate Blvd, Newburgh, NY 12550; Rhode Island Approved Lender. For California consumers: For more information about our privacy practices, please visit Not all products and options are available in all states. Conditions subject to change without notice. Certain conditions and fees apply. This is not a loan commitment. All loans are subject to approval. L4330-Exp012023

Media Contact:
Jean Noble, (631) 270-3214 or [email protected]

THE SOURCE: Reverse Mortgage Financing, LLC

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