COLA Update July 2024 – Cost Of Living Payment Amount, Eligibility & Pay Dates
The Cost of Living Adjustment (COLA) is a crucial update that affects Social Security benefits in the United States. For 2024, the COLA is set at 3.2%, reflecting adjustments made to account for inflation and maintain the purchasing power of beneficiaries. This update impacts millions of Americans, including retirees, disabled individuals, and low-income families. Impact … Read more