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Ss Cost Of Living Increase 2024

Ss Cost Of Living Increase 2024. The percentage change is the cola for the following year, typically announced in october. Increased payments to nearly 7.5 million people receiving ssi will begin on december 31, 2024.


Ss Cost Of Living Increase 2024

The cola increase raises social security payments by 3.2%. On average, social security retirement benefits will increase by more than $50 per month starting in january.

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