Social Security Cost Of Living Increase 2024

Social Security Cost Of Living Increase 2024. Increased payments to approximately 7.5 million ssi recipients will begin on december 29, 2023. In 2024, the annual increase to social security benefits (cola) will be 3.2%.


Social Security Cost Of Living Increase 2024

In june 2024, the average monthly social security benefit for retired workers was $1,918. Annual increase to social security checks intended to keep pace with inflation.

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