6. Better Customer Service May Be on the Way

Another thing mentioned in the proposed 2024 budget plan is to increase the annual operating budget of the SSA by 10%—this would be about $1.4 billion. The move would significantly improve customer service delivery, including the ability to hire more employers to handle service requests by email and phone.

The added funding is also meant to help the Social Security Administration reduce wait times and process more benefits claims. The 10% increase would be funded by the wealth tax, so this will definitely be one of the hottest topics in the coming months.

Bottom Line

Election season is approaching, and this 2024 budget proposal is sure to make waves throughout the next few months. There will be debates about what stays and what doesn’t. If you’re already receiving your Social Security benefits, you’ve seen a recently increased payment. But more changes are about to come—that’s for sure.

Keep an eye on us for further information, as these changes could directly impact your Social Security income.

You may also want to read 7 Cities Where You Can Pay Your Rent via Social Security Alone.