Social Security 2024 Cola Projections India. The official 2024 social security cola will be announced by the social security administration on thursday, oct. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024.
Most americans cheer cooling inflation, but social security recipients worry cola for 2024 could end up less than a third of 2023’s 8.7% increase. That’s because colas are based on third quarter inflation data, so we’ll.
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