,1,Social Security Update: March COLA Update - How much will SSA Benefits increase in 2024?
Today we are looking at the newest inflation number from the month of April 2023 and talking about what the newest inflation numbers means for next years Social Security Benefits increase. Also examine and estimation by the Senior Citizens League that the COLA for 2024 will be as low as 3.1%
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Accords the country many older Americans, seniors and retirees face the challenges of todays economic environment with faith and courage. My hope is that we can improve the lives of our older friends, family members and neighbors by shedding light on the complex, byzantine and frustrating Social Security system that many rely on to make ends meet. So weather it is trying to retire early at 62 , first claiming social security benefits at 67 getting updates about social security topics like the Cost of Living Adjustment, new rules and regulations, and new laws around Social security , will make the process easier. This will help those folks who are Social Security Retirment, Social Security Disability SSDI, Supplemental Security income SSI, and Railroad Retirment Benefits.
But without a doubt, no matter how much money and help is available to Americans, Seniors and Retirees, these resources do not do any good for people, if they don't know about them. That is why we are here to discuss the various government programs that are meant for those in our communities who need an extra bit of help to get back on their feet. Hopefully our video helps you better understand the help that is available for you, for the community , and for our friends , neighbors and family members. Please enjoy this video and don't forget to like and subscribe if you find this video interesting, helpful or useful. Thank You!
#COLA #Michaelsmatters #socialsecurity
