Social Security Cola 2024 Estimated Payment

Social Security Cola 2024 Estimated Payment. Ssa calculates the percent change. This adjustment will affect social security retirement, disability, and ssi payments.


Social Security Cola 2024 Estimated Payment

Starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 โ€” from $1,848 to $1,907. The social security 2024 cola increase took effect in january 2024 and translated to an average increase of $59 per month for people receiving social security.

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