Making Cents of the 2024 Social Security Increase | The Financial Mirror

Welcome to our latest episode where we delve into the upcoming changes in Social Security and the Cost of Living Adjustment (COLA) for 2024. We start by exploring the current state of Social Security and when COLA was last put into effect. We then discuss the shrinking spending power of Social Security checks in 2023 and how your money just isn’t going as far as it used to.

In the heart of our episode, we reveal the details of the announcement to increase Social Security in 2024 and what it means for you. We wrap up with actionable advice on how retirees can prepare for these changes.

This episode is a must-listen for anyone looking to understand the ins and outs of Social Security and how to navigate the upcoming changes. So, whether you’re a retiree, soon-to-be retiree, or simply interested in financial planning, this episode has something for you.

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