
Social Security payments to climb 3.2% in 2024 after COLA increase
The 2024 COLA returns the series of annual adjustments to a more normal level.
Mercedes Barba was a senior editor at Bankrate. Prior to this, she served as a senior editor at NextAdvisor and led the video team at Money.com, where she executive produced a short documentary that received an Emmy nomination. In her free time, she enjoys spending time with her son Luke and two pet dogs.
The key to successful investing is to take action and not let fear or over-analyzing prevent you from taking advantage of the benefits of compound interest over time.
— Mercedes Barba
The 2024 COLA returns the series of annual adjustments to a more normal level.
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