6 Social Security Changes You Can Expect in 2024
For nearly 90% of the more than 49 million retired workers who receive a Social Security benefit each month, the program represents a financial lifeline that helps cover their expenses.
But America's top retirement program -- which is responsible for pulling more than 21.7 million people out of poverty each year, including almost 15.4 million age 65 and above -- isn't static. It's constantly changing to account for shifts in the U.S. inflation rate, longevity, and a host of other factors.
Although the Social Security Administration (SSA) won't be announcing any concrete changes to the program until the second week of October, current and prospective beneficiaries can expect six changes to take effect in 2024.
Source Fool.com
