It’s Official: Your Social Security Benefits Will Increase This Much in 2024

Over 70 million Americans who receive Social Security or Supplemental Security Income (SSI) benefits will see a 3.2% cost of living adjustment (COLA) in 2024, the Social Security Administration announced recently. For instance, that means the September 2023 average retiree benefit of $1,793 will increase by $57 starting in January 2024. This increase is smaller […] The post It’s Official: Your Social Security Benefits Will Increase This Much in 2024 appeared first on SmartReads by SmartAsset.