Social Security 2024 Fact Sheet

Social Security 2024 Fact Sheet. Here are five important ways social security will be different in 2024. Cbo projects that if social security paid benefits as scheduled, spending on the program would increase from 5.1 percent of gross domestic product (gdp) in 2024 to 6.7 percent in 2098.

12 is apt to be a big day for anyone who collects social security. Inflation cooled considerably in 2023, but consumer prices still went up, producing a 3.2 percent cola for social security.