More than 72.5 million Americans receive Social Security benefits and Supplemental Security Income (SSI) payments each month. The Social Security Administration (SSA) recently announced these recipients will see a 2.5% increase cost-of-living adjustment (COLA) increase to their payments beginning on December 31, 2024. These alterations help beneficiaries with living costs

Social Security has been around for nearly nine decades, and year after year we see a steady flow of changes that affect the 72.5 million of Americans collecting these benefits. Being aware of what changes are coming to Social Security in the New Year can help you start planning and