Social Security Announces New Check Increase On This Date, Check who will get this?

Social Security Announces New Check Increase On This Date

The Social Security Administration (SSA) has announced a 3.2% increase in benefits for 2024. This Cost-of-Living Adjustment (COLA) will affect more than 71 million Americans, including retirees, disabled individuals, and Supplemental Security Income (SSI) recipients. The increase aims to help beneficiaries keep pace with inflation, with payments reflecting the adjustment starting in January 2024.