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2024 Inflation Rate For Social Security

2024 Inflation Rate For Social Security. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024. This is the announcement seniors have been waiting for.


2024 Inflation Rate For Social Security

Inflation has caused social security payments to lose 36% of their buying power since 2000, according to a study released earlier this year by the senior citizens league. These estimates are derived from the intermediate assumptions in the 2024 trustees report.

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