Social Security Cola 2024 Announcement

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Social Security Cola 2024 Announcement. Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct. That would add about $57 to monthly.


Social Security Cola 2024 Announcement

The cola increase raises social security payments by 3.2%. Starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 โ€” from $1,848 to $1,907.

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