Social Security 2024 Increase Announcement Date. Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct. Here's when it is and how to prepare.
The social security administration announced that beneficiaries will receive a 3.2% raise starting in january 2024. If your birthday falls between the first and 10th of the month, your payment will be sent out on the second wednesday of january 2024.
The Social Security Administration Announced That Beneficiaries Will Receive A 3.2% Raise Starting In January 2024.
When the increase takes effect:
If Your Birthday Falls Between The First And 10Th Of The Month, Your Payment Will Be Sent Out On The Second Wednesday Of January 2024.
Increased payments to approximately 7.5 million ssi recipients will begin on december 29, 2023.
Social Security 2024 Increase Announcement Date Images References :
Learn What That Means And How It Could Affect.
If your birthday falls between the 11th.
Social Security Benefits Will Increase By 3.2 Percent Beginning With The December 2023.
Once that information comes in, the social security administration (ssa) will be able to calculate a cola for 2024.
