COLA announcement 2024 updates — Millions to get extra $696 thanks to increase – but officials say it’s ‘disappointing’ ...Middle East

THE 2024 cost-of-living-adjustment (COLA) has been released today. Today’s announcement confirms the predictions from the Senior Citizens League, which forecasted a 3.2 percent increase in Social Security checks in the following year. However, one official warned the increase “will probably feel disappointing to folks because the COLA was so high this year,” said Bill Sweeney, senior vice president for government affairs at AARP.  Meanwhile, the second of three rounds of Social Security checks will go out on October 18 for those with birthdays on or after the 11th of the month. Beneficiaries born after the 21st can expect their payments on October 25th. In 2023, the maximu

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