In the United States, while it is true that there are only a few days left to find out what the COLA will be for the year 2024 Social Security beneficiaries want to have the information as soon as possible. To achieve this goal we have several options available and one of them is the fastest and most effective.
If we choose this option we will have not only the news of the COLA the first, but we will also be able to get all kinds of news related to Social Security in general and our benefit in particular.
And the best of all is that choosing this option is totally free and we will not have to waste a lot of time to activate it. First of all, we must have a My Social Security account. If we already have it, we will have most of the steps to follow completed.
If we don’t have an account, we just need to open one. This process is totally free and, in addition, quite easy to do. Just by entering our personal data, as well as our Social Security and some other information, we will have access to this application.
Even so, sometimes we have to wait a little bit to get the confirmation email. But once we have the My Social Security account open, we will be able to activate the option to get the COLA notice as soon as possible.
HOW TO GET THE SOCIAL SECURITY COLA 2024 NOTICE AS SOON AS POSSIBLE?
In this case we are talking about activating the notifications and news. To do this we just need to log in to My Social Security. Through this account we will be able to control the notifications and news we want to get.
If we activate all the options we will have in our e-mail all the news related to Social Security. Among these news we will find the announcement of the final COLA figure in just a few days. This way you will be able to know the exact figure as soon as it is announced by the Government.
Remember that the day chosen to make the announcement is October 12th. From that day on, we will already know what the official COLA 2024 figure will be. For the time being, expert forecasts have announced that we will have a 3.2% increase in next year’s Social Security.
If true, we will have a much smaller COLA next year, but enough to be able to cope with the increase in general prices in the last year. Regardless of the amount, all increases are welcome, so the Cost of Living Adjustment will be welcome as well.