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Social Security Administration warns of $600 stimulus payment increase scam
"SSA warns of $600 scam, urges vigilance. Social Security beneficiaries to receive 3.2% COLA increase in 2024. Stay informed, avoid misinformation."
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Miami, Florida
"SSA warns of $600 scam, urges vigilance. Social Security beneficiaries to receive 3.2% COLA increase in 2024. Stay informed, avoid misinformation."
Rising costs prompt seniors to consider returning to work, survey shows. Many say Social Security benefits won't cover expenses.
Social Security beneficiaries will receive a 3.2% increase in benefits next year, but won't know the exact amount until December.
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.