2024 Social Security Cola Increase Ssi 2024

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2024 Social Security Cola Increase Ssi 2024. Social security benefits will increase by 3.2 percent beginning with the december 2023 benefits, which are payable in january 2024. A 3 percent adjustment would boost the average social security retirement benefit — $1,839 a month in july 2023 — by about $55 a month in 2024.


2024 Social Security Cola Increase Ssi 2024

As inflation subsides, social security beneficiaries are poised to see a lower benefit increase next year. This is an automatic update and you don’t need to.

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