Cost-of-Living Adjustment (COLA) Information for 2024
In 2024, Social Security and Supplemental Security Income (SSI) beneficiaries can expect a 3.2% increase in their benefits, marking a significant adjustment to combat the effects of inflation. This adjustment, known as the Cost-of-Living Adjustment (COLA), aims to maintain the purchasing power of over 71 million Americans who rely on these benefits. What Does the … Read more