Cola 2024 Increase Announcement For Retirees
Cola 2024 Increase Announcement For Retirees. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024. What could cola increase be in 2025?
The acting social security commissioner says a 3.2% increase in benefits next year “will help millions of people keep up with expenses. the increase announced. Eligible retirees, beneficiaries, and survivors who receive a monthly benefit will receive the cola in their may 1, 2024, retirement check.