These Changes are Coming to Social Security in 2024


Changes are coming to Social Security in 2024.

Per the SSA’s announcement, benefits will be going up by 3.2 percent. This equates to about a $50 increase monthly.

The taxable income cap is also increasing, to $168,600. In addition, earning limits for those approaching the full retirement age are increasing, as shown here.

What do you think of these changes? Will they make a measurable difference in the program’s future? Should other changes have been made? Let us know your thoughts.


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