COLA 2024 Changes: Why Certain Disability Retirees Won’t Receive a Cost-of-Living Increase – Full Details

COLA 2024 Changes:

The 2024 Cost-of-Living Adjustment (COLA) is set to provide Social Security beneficiaries with a 3.2% increase in their monthly payments, including those for retirees and individuals receiving disability benefits. The goal of this adjustment is to help recipients keep pace with inflation. However, many beneficiaries, especially those on disability, may not fully benefit from this … Read more