The new year is a time of change, so it should come as no surprise that there will be changes to Social Security in 2024.
So much is changing about the program, it’s easy to overlook some of the switches. We’ve covered a great deal of the updates here. But some of the changes can’t be documented, by us at least – because they pertain to you.
When it comes to spending Social Security in 2024? Will the 3.2 percent COLA change your spending habits? Do you plan to spend your money relatively the same as you did before? Or does this increase tempt you to invest? Either in stocks and assets, or in yourself via a new hobby or a treat meal once in a while?
We’ve talked a ton about the 2024 COLA – but now we want to hear your thoughts. How will you spend your raised benefits in the new year?
For more news about Social Security and retirement, check out our blog, then follow us on Facebook and Twitter.