2024 Cost Of Living Increase Social Security Benefits. The 3.2% cola is lower than the 8.7% increase. Find out when the cola starts applying, who is eligible, and how it is determined.


2024 Cost Of Living Increase Social Security Benefits

The social security administration will increase benefits by 3.2% starting in january, equal to a $57.30 boost to the average monthly payment of $1,790. Bureau of labor statistics on oct.

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