Social Security 2024 Cola Increase Factors

Social Security 2024 Cola Increase Factors. For 2024, the social security cola was 3.2%. The increase is much lower than the 8.7% cola that was put in place.


Social Security 2024 Cola Increase Factors

Social security and supplemental security income (ssi) benefits for approximately 70 million americans will increase 3.2% starting in january 2024. Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct.

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