Social Security Increase 2024 Effective Date. Social security benefits will increase by 2.5 percent beginning with the december 2024 benefits, which are payable in january 2025. The social security administration said the increased payments with the 2024 cola for supplemental security income (ssi) recipients began december 29, 2023, as january 1 is a holiday.


Social Security Increase 2024 Effective Date

This means that more than 71 million americans will see a. Maximum social security benefit also set to increase.

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