Social Security Administration Update 2024. Depending on which of the above projections is correct, the 2025 cola will either be. Those benefits are for seniors.
In february 2024, improper social security payments hit $1.1 billion, with overpayments and underpayments spread across various social security programs,. While the 2024 cola adjusted social security checks based on inflation, not everyone believes the payment update adequately reflects the price hikes seniors are seeing on healthcare and.