Social Security 2024 Increase Updates . Social security and supplemental security income (ssi) benefits for approximately 70 million americans will increase 3.2% starting in january 2024. Anyone who is a current social security recipient or who will turn 62 in 2023 โ the earliest age at which an individual.
The 2.5% cola increase will boost the average social security payment by about $50 starting in january, the agency. Here are five important ways social security will be different in 2024.
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