Top 10 States with Highest Social Security Increases in 2024

  • Post category:Legislation
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With the news of the 2024 Social Security COLA recently being announced, seniors can expect a benefit increase.

This cost-of-living adjustment increase is well-deserved for all seniors, but it won’t be equal for everyone. That’s because benefit amounts are relative to a person’s financial and work history, as well as the age they choose to claim.

But which states are getting the most retired-worker benefit boosts? This list from The Motley Fool gives us the answer. Connecticut ranks at the top, with a $64.65 average increase expected per month. Only one cent behind this is New Jersey.

Check out the list and let us know if your state made the top 10! For more content on the 2024 COLA and other important retirement topics, follow us on Facebook and Twitter.