Sunday, October 22, 2023

Here's the Average Social Security Retired Worker, Disabled Worker, and Survivor Benefit for 2024

Here's the Average Social Security Retired Worker, Disabled Worker, and Survivor Benefit for 2024

Snippet of Article: "...As of September, nearly 50 million retired workers were receiving a monthly Social Security check. Prior to applying the 3.2% COLA, these retirees were expected to bring home an average of $1,848 per month. But after the 3.2% increase, the average retired worker will see their payout rise $59 per month to a Social Security Administration (SSA)-estimated $1,907/month.

Over 7.4 million workers with long-term disabilities are receiving a monthly Social Security benefit as well. By the end of the year, the SSA estimates that the average disabled worker will collect..."

Source: www.nasdaq.com

Social Security, 2024 Average Social Security Benefit,