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Estimated 2024 Social Security Cola Increase

Estimated 2024 Social Security Cola Increase. Social security benefits will increase by 3.2 percent beginning with the december 2023. In 2023, the social security administration indicated the cola would increase by 3.2% in 2024.


Estimated 2024 Social Security Cola Increase

Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024. These estimates are derived from the intermediate assumptions in the 2024 trustees report.

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