2024 Social Security Cola Increase Date Fall 2024
2024 Social Security Cola Increase Date Fall 2024. Since the federal reserve appears to have made progress on the inflation. Social security cola rates are expected to rise even more in 2024 after the latest august cpi data was released.
The maximum amount of earnings subject to the social security tax (taxable maximum) will increase to $168,600. The social security administration announced its annual cost of living adjustment for 2024.