Cola Increase 2024 Ssi Increase


Cola Increase 2024 Ssi Increase. Social security benefits will increase by 3.2 percent beginning with the december 2023 benefits, which are payable in january 2024. On average, social security retirement benefits will increase by more than $50 per month starting in january.


Cola Increase 2024 Ssi Increase

The cola increase means your ssdi, ssi, or social security retirement benefits will be 3.2% higher in 2024. A 3.2% increase in the average social security check—about $1,706 in august 2023, the latest data available—would raise that monthly payment to $1,761, a.

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