New Year, New Rules: 5 Major Social Security Changes for 2024
It's hard to believe, but we're just days away from 2024 and all the major retirement rule changes that come with it. This includes several important Social Security tweaks for workers and beneficiaries alike. Here's a look at five of them and how they could affect you.
Social Security beneficiaries will see their January Social Security checks climb by 3.2% thanks to the latest cost-of-living adjustment (COLA). This will give the average retired worker $1,907 per month in 2024, up from $1,848 per month in 2023. Those receiving survivors or spousal benefits will also see their benefits increase.
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Source Fool.com
