Cola 2024 Increase Announcement For Retirees. Learn what that means and how it could affect you. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024.
Effective july 1, 2024, the cola rate is 2.00% for those with a retirement date on or before july 1, 2023. Lawmakers take aim at credit card debt, interest rates, fees.