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Here's How Much Social Security Benefits Are Expected to Increase in 2024


In March, approximately 66.4 million people received a Social Security benefit. The vast majority of these recipients are retired workers, many of which rely on their monthly Social Security check to cover some portion of their living expenses.

For retirees, no event bears more importance than the annual cost-of-living adjustment (COLA) announcement from the Social Security Administration during the second week of October.

Image source: Getty Images.

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Source Fool.com


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