The 2024 Social Security COLA is 3.2 Percent
The September 2023 Consumer Price Index (CPI) report was released, providing the final calculation for the 2024 Social Security Cost of Living Adjustment (COLA). And the official 2024 Social Security COLA is 3.2 percent. So what does this mean for beneficiaries? Read the story.
Medicare Open Enrollment Has Begun
Medicare’s open enrollment period has begun. It officially began October 15th and closes on December 7, 2023. If you haven’t started to prepare, you can begin now with these 3 suggestions. Read now.
Empowering Communities: The Symbiotic Relationship Between RSSA, Social Security, and Credit Unions
“Credit unions are not just financial entities; they are pillars of community support. Their primary goal is to empower their members with easy to use and access products, knowledge and guidance, fostering financial literacy and stability. By integrating RSSA and Social Security knowledge and software into their services, credit unions align themselves with their mission of community support.” Read the story.
Fiduciary Best Practice: Emphasizing the Role of RSSA in Holistic Financial Planning
In a world where financial decisions carry profound implications, the role of fiduciary advisors has never been more crucial. Read about integrating the RSSA program and software into your practice. Read.
Social Security’s cost-of-living adjustment set at 3.2% — less than half of the current year’s increase
Source: CBS News
Read about the 2024 Social Security COLA and what Martha Shedden tells CBS News’ Aimee Picchi about it. Read the article.
Social Security benefits will increase by 3.2% in 2024 as inflation moderates
Source: Associated Press
“Compared to last year’s 8.7% increase, this is going to feel small and the perception is that its not keeping up with the inflation and the higher costs that retirees are still seeing,” Martha Shedden says to Associated Press regarding the smaller 2024 COLA. Read more.