Mark your calendars - Fox Business
Mark your calendars; the Social Security Administration will announce the 2024 cost-of-living adjustment on Thursday. However, Social Security recipients should see a significantly lower increase than last year’s 8.7 percent. Based on August inflation data, Mary Johnson of the Senior Citizens League has estimated the COLA adjustment could be 3.2 percent. Megan Henney reports on what retirees need to know about the 2024 Social Security COLA. Read Ms. Henney’s article here…
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