Tag: Social Security’s Cost-of-Living Adjustment
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Social Security’s Cost-of-Living Adjustment Expected to Reach 3.2% in 2024
This announcement holds significant weight for over 66 million beneficiaries, with 80-90% relying on these monthly payouts to cover essential expenses. On October 12, 2023, at 08:30 a.m. ET, the Social Security Administration (SSA) is set to unveil the anticipated Social Security’s Cost-of-Living Adjustment Social Security’s Cost-of-Living Adjustment ensures that benefits keep pace with inflation,…