3. Spousal benefits and disability benefits will increase
And here we are, at number 3 on our list of changes. The widowed mothers who have to carry all of the responsibility and take care of two children will get a monthly increase in their benefits.
The average benefit will be $3,653 instead of $3,540 as it used to be in 2023. Maybe it doesn’t seem like much, but this little extra money will surely bring some financial stability to the family.
Hopefully, we have some good news for the widowers and widows who are living alone too. Those who live independently will also get an increase in their monthly benefits. The average benefit will be $1,773 in 2024. Last year, they were $1,718. This is not a big increase, but it will surely help some people.
Now, disabled workers are not let down, and they will also receive a little help to maintain their work and life balance. Those who have a spouse and one or more kids will get a monthly average benefit of $2,720 instead of $2,636. This is a fair adjustment since they need to face various challenges and responsibilities that the rest of us don’t.
All of these Social Security changes coming in 2024 are more than welcome because no one will mind getting some extra money.
4 thoughts on “6 Social Security Changes Coming in 2024”
Wow, such great information. Very helpful!
COLA does not even come close to helping with the rising food, Gas, electric, Heating oil,
and almost everything else .Government algorithms are for the birds
how do we get SSA to make changes. I could not get my deceased husband’s monthly SS because I receive a Federal Gov. retirement. they have some kind of formula to determine eligibility. do we need to vote on any changes, write to someone to make the changes.? I’m sure there are more like me in this situation
Barbara, the same happened to me. It is called the Government Pension Offset (GPO)
Government Pension Offset (GPO) – If
you qualify for benefits as a current or
former spouse, widow, or widower, the
GPO may reduce or eliminate your
benefits. Jan 20, 2024
The bipartisan Social Security Fairness
Act — which now has 308 cosponsors
would eliminate both the WEP and the
GPO, two provisions of the Social
Security Act that unfairly reduce or
eliminate Social Security benefits for
millions of Americans who have devoted
much of their careers to public service.
Make your vote count. 🗳