Do your clients know they can receive a text or email alert when there is a new message waiting for them? That way, they always know when we have something important for them – like their COLA notice. Your clients can update their preferences to opt out of the mailed COLA notice, and any other notices that are available online. If your clients prefer to access their COLA notice online and not receive the mailed notice, they can log in to their personal my Social Security account at to opt out by changing their preferences in the Message Center. Since your clients will receive the COLA notice online or in the mail, they don’t need to contact us to get their new benefit amount. Benefit amounts will not be available before December. But if your clients want to know their new benefit amount sooner, they can securely obtain their Social Security COLA notice online using the Message Center in their personal my Social Security account at Your clients can access this information in early December, prior to receiving the mailed notice. We will mail COLA notices throughout the month of December to retirement, survivors, and disability beneficiaries, SSI recipients, and representative payees. The cost-of-living adjustment (COLA) helps to offset these costs. This change means prices for goods and services, on average, are higher. The CPI-W rises when inflation increases, leading to a higher cost-of-living. On average, Social Security retirement benefits will increase by more than $50 per month starting in January.įederal benefit rates increase when the cost-of-living rises, as measured by the Department of Labor’s Consumer Price Index (CPI-W). More than 71 million Americans will see a 3.2% increase in their Social Security benefits and Supplemental Security Income (SSI) payments in 2024.
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