Don’t forget to check your mail in December

As the officials from the SSA said, Social Security beneficiaries will start receiving notices of the COLA increase in 2024 as early as December.

People who have a personal My Social Security account can access their COLA increase in 2024 notice online and configure text or email alerts for new messages regarding COLA, according to the government. However, they have to do so by November 14th.

Moreover, the SSA said that there will be some changes regarding Medicare in 2024, and people interested can find everything they need to know on the following website: www.medicare.gov.

Even though there will be a COLA increase in 2024, you still need to keep track of your expenses so you know exactly where each dollar goes. If you have a hard time doing so, I recommend you check out this fantastic budget planner (it helped me a lot)!