Social Security checks will go from $1848 to $1907 for 71m people starting in January

Social Security cost-of-living adjustment will be 3.2% in 2024, well below 2023 record-setting increase of 8.7%. Here's a CNBC chart of biggest & smallest annual cost-of-living increases over the past 20 years.

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– Social Security cost-of-living adjustment will be 3.2% in 2024, well below this year's record-setting increase