Social Security beneficiaries will see a cost-of-living adjustment this month
Benefits in 2024 will go up by 3.2%, a much lower bump than the 8.7% increase that went into effect at the beginning of 2023.
Starting this month, nearly 80 million Americans who get benefits through the Social Security Administration will receive a boost to adjust for inflation — and it’s not the only change to the benefit in 2024.
Reset learns more.
GUESTS: Phillipe Largent, state director, AARP Illinois
Mark Miller, journalist and podcaster covering Medicare, Social Security and retirement investing and author of the book Retirement Reboot: Common Sense Strategies for Getting Back on Track
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Reset with Sasha-Ann Simons
Social Security beneficiaries will see a cost-of-living adjustment this month
Benefits in 2024 will go up by 3.2%, a much lower bump than the 8.7% increase that went into effect at the beginning of 2023.
Starting this month, nearly 80 million Americans who get benefits through the Social Security Administration will receive a boost to adjust for inflation — and it’s not the only change to the benefit in 2024.
Reset learns more.
GUESTS: Phillipe Largent, state director, AARP Illinois
Mark Miller, journalist and podcaster covering Medicare, Social Security and retirement investing and author of the book Retirement Reboot: Common Sense Strategies for Getting Back on Track