Current Projected Cola For 2024. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi). The social security administration indicates that, on average, beneficiaries will see an increase of more than $50 per month starting in january.
The average beneficiary will see a $54 increase in their benefit amount. 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).
A 3.2% cola would mean about an extra $54.50 each month.
Based On Current Estimates As Of.
Given the recent high cola of 8.7% in 2023 and the anticipated lower increase in 2024, individuals nearing retirement should weigh the benefits of claiming.
Current Projected Cola For 2024 Images References :
Social Security Benefits Will Increase By 3.2 Percent Beginning With The December 2023.
How much is the increase:
Given The Recent High Cola Of 8.7% In 2023 And The Anticipated Lower Increase In 2024, Individuals Nearing Retirement Should Weigh The Benefits Of Claiming.