Cost Of Living Increase 2024 Social Security Increase

Cost Of Living Increase 2024 Social Security Increase. That adds about $50 monthly to the average retirement benefit consumers. How much is the increase:

More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024. 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.