2024 Cost Of Living Increase Social Security Increase. At the start of 2024, social security benefits increased by 3.2%, while the year before, seniors enjoyed a tremendous 8.7% cola. Federal ssi payment levels will also increase by 2.5.


2024 Cost Of Living Increase Social Security Increase

Social security benefits will increase by 2.5 percent beginning with the december 2024 benefits, which are payable in january 2025. More than 66 million retirement.

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