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2024 Inflation Rate For Social Security Payments

2024 Inflation Rate For Social Security Payments. While the law cannot be attributed to inflation. How the cola is applied to social security retirement benefits;


2024 Inflation Rate For Social Security Payments

 — when biden signed the bill into law in 2022, the inflation rate was 8.3%, and it has fallen to 2.5% in august 2024.  — social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct.

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