2024 Cost Of Living Social Security

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2024 Cost Of Living Social Security. A 3 percent adjustment would boost the average social security retirement benefit — $1,839 a month in july 2023 — by about $55 a month in 2024. Based on current estimates as of september.


2024 Cost Of Living Social Security

The nation’s 72 million social security beneficiaries will get a raise starting in 2024 to keep their benefits aligned with inflation. Increased payments to approximately 7.5 million ssi recipients will begin on december 29, 2023.

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