2024 Cost Of Living Increase Social Security. Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct. It's a smaller bump than the 8.7% cola increase beneficiaries received for this year, reflecting the.
Over the last decade the cola increase has averaged about 2.6 percent. Washington (ap) — millions of social security recipients will get a 3.2% increase in their benefits in 2024, far less than this year’s historic boost and reflecting.
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