Cola 2024 Update Today. Given the recent high cola of 8.7% in 2023 and the anticipated lower increase in 2024, individuals nearing retirement should weigh the benefits of claiming. It is then expected that the ssa will make an announcement in tandem.


Cola 2024 Update Today

Social security benefits will increase by 3.2 percent beginning with the december 2023. The social security administration says that will raise average monthly payments by more than.

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