COLA Update August 2024 – Cost Of Living Payment Amount, Eligibility & Payout Dates

COLA Update 2024

Cost of Living Adjustments are designed to keep Social Security and Supplemental Security income payments in line with inflation. According to the latest update, August 2024 will see a 3.2% rise based on data collected by the end of 2023. This change will result in increased benefits for millions of Social Security claimants across the country. This … Read more