COLA

Social Security Has Now Officially Announced in October– 3 New Changes Confirmed for October

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Social Security Has Now Officially Announced in October

The Social Security Administration (SSA) has confirmed three major changes for October 2024, including a 2.5% COLA increase, a rise in maximum taxable earnings, and an adjustment to earnings limits for retirees. These changes aim to help beneficiaries cope with inflation while offering more financial flexibility for working retirees. Stay updated and understand how these changes impact your benefits by visiting the SSA’s official website.

VA Disability Payment Coming in October 2024: How Much this time? Check Eligibility & Pay Rates

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VA Disability Payment Coming in October 2024

VA disability payments for October 2024 will include a 3.2% Cost-of-Living Adjustment (COLA), ensuring veterans’ benefits keep pace with inflation. The monthly compensation rates range from $171.23 (10% rating) to $3,737.85 (100% rating). Payments are scheduled for November 1, 2024. Veterans with service-connected disabilities and dependents may qualify for additional compensation. Learn more about eligibility and how to apply on the official VA website.