This Is the Average Social Security Benefit for 2024
Many seniors today look to Social Security as their primary source of retirement income. As such, many have been eagerly awaiting news of a 2024 cost-of-living adjustment, or COLA.
Last week, the Social Security Administration announced that 2024's COLA would be 3.2%. That takes the average monthly benefit of $1,848 up to $1,907 come January. But that doesn't tell the whole story.
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Source Fool.com
