Social Security COLA 2024 may impact your taxes in a big way

Social Security COLA 2024 may impact your taxes in a big way

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Social Security and Supplemental Security Income (SSI) benefits for more than 71 million Americans will increase by 3.2% in 2024, which may push some beneficiaries into a higher income tax bracket, according to The Senior Citizens League (TSCL). The cost of living adjustment (COLA) increase aligns…

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