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Social Security Increase 2024
Social Security Increase 2024 . For 2024, social security recipients got a 3.2% cola. Social security benefits and supplemental security income (ssi) payments for more than 72.5 million americans will increase 2.5 percent in 2025, the social security administration announced today.
The percentage change is the cola for the following year, typically announced in october. Social insurance contributions applicable to employees effective 1 st january 2024.
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