2024 Social Security payment increase not enough to keep up with inflation: survey
Rising costs prompt seniors to consider returning to work, survey shows. Many say Social Security benefits won't cover expenses.
Centers for Medicare & Medicaid Services News & Breaking Stories
"2024 Social Security COLA Increase: Announced This Week, Here's What We Know"
Social Security recipients may receive a significantly lower cost-of-living adjustment for 2024, with estimates around 3.2%. This increase may not be enough to sustain the cost of living for most beneficiaries. Medicare Part B premiums are also expected to increase. The official adjustment will be announced on Thursday.
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