Social Security Increase 2024 News Update

Social Security Increase 2024 News Update. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024. Here are the new average payments.


Social Security Increase 2024 News Update

Inflation cooled considerably in 2023, but consumer prices still went up, producing a 3.2 percent cola for social security beneficiaries. In addition to a 2024 cola announcement, the ssa will put out a fact sheet on other changes to the program,.

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