2 Major Social Security Changes Coming in 2024 May Surprise Most Americans
In October, the Social Security Administration will issue a press release detailing major changes to the Social Security program in 2024. A similar announcement is made around the same time each year, because certain aspects of the program are adjusted annually to account for changes in wages and inflation.
Even so, a recent survey from Nationwide Retirement Institute suggests that many Americans could be blindsided by some of the revisions. The survey included 1,806 adults from across four generations, and the implied knowledge gaps, assuming they hold for the general population, are somewhat concerning given the important role Social Security plays in later life.
Here are two big Social Security changes that might surprise most Americans next year.
Source Fool.com
