2024 Cost Of Living Social Security Increase

2024 Cost Of Living Social Security Increase. Fra is 66 years and 6 months. An extra $50 a month in 2024 may seem like good news for americans drawing social security, but doug carey, president and owner of wealthtrace, says retirees may not.


2024 Cost Of Living Social Security Increase

That equates to an average monthly rise of about $55 for all. Over the last decade the cola increase has averaged about 2.6 percent.

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