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Forecast For Ssi Cola Increase 2024

Forecast For Ssi Cola Increase 2024. Millions of social security recipients will get a 3.2% increase in their benefits in 2024, far less than this year's. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024.


Forecast For Ssi Cola Increase 2024

That would add about $57 to monthly benefits, raising them. 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.

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