COLA Increase August 2024 – Check Eligibility, Amount, Payment Dates
The Cost of Living Adjustment (COLA) for August 2024 is an important update for Social Security beneficiaries, designed to offset the effects of inflation on their fixed incomes. This adjustment is based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), ensuring that Social Security and Supplemental Security Income (SSI) benefits … Read more