Cola 2024 Increase Announcement For Retirees

Cola 2024 Increase Announcement For Retirees. The social security administration announced an 3.2% cola increase for 2024. Social security recipients are eager to know what 2024's cola will look like.


Cola 2024 Increase Announcement For Retirees

To receive the full cola for 2024, a federal retiree’s annuity or a survivor annuity must have started no later than december 31, 2022. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.

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