2024 Cost Of Living Increase Social Security 2024

2024 Cost Of Living Increase Social Security 2024. Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning. That adds about $50 monthly to the average retirement benefit.


2024 Cost Of Living Increase Social Security 2024

That equates to an average monthly rise of about $55 for all. Starting in january, social security benefit payments for 66 million beneficiaries will rise 3.2% to keep up with the cost of living, the social security administration said thursday.

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