Planning Around Social Security Cost of Living Adjustment for 2024 by Joanie B. Stein, CPA
Posted on February 13, 2024 by Joanie Stein
Recipients of Social Security and Supplemental Security Income (SSI) will see a 3.2 percent cost-of-living adjustment (COLA) to the benefits they receive in 2024. The increase, which translates to an additional $50 per month for senior citizens, widows and persons with disabilities and special needs, pales in comparison to the 8.7 percent bump in benefits […]
