Social Security 2024 Cola Increase News. This followed a 5.9% increase in 2022, which was the highest in four decades at the time it. Recipients can also calculate their benefits themselves by multiplying the percentage increase by their current monthly benefit amount.


Social Security 2024 Cola Increase News

More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024. Increased payments to approximately 7.5 million ssi recipients will begin on december 29, 2023.

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