Social Security COLA 2024
Will Social Security recipients get a raise in 2024? The answer is a resounding yes.
Every year, the Social Security Administration (SSA) makes a cost of living adjustment (COLA) for Americans that qualify to receive benefits. If you are wondering about Social Security COLA 2024, you can expect a much-needed increase in financial assistance. The SSA is increasing benefits by a whopping 3.2%, which represents the largest boost in Social Security and Supplemental Income (SSI) benefits in nearly 40 years.