Cola 2024 Social Security Increase 2024

Cola 2024 Social Security Increase 2024

Cola 2024 Social Security Increase 2024. A cola that matches the 2.9 percent july figure would increase the average social security retirement benefit — about $1,870 a month in june 2024 — by $54 a month. That’s lower than the 2023 cola.


Cola 2024 Social Security Increase 2024

“social security and ssi benefits will increase in 2024, and this will help millions of people keep up with expenses,” said kilolo kijakazi, acting commissioner of social security. Social security benefits will increase by 3.2 percent beginning with the december 2023.

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