Social Security 2024 Summary 2024

Social Security 2024 Summary 2024. May 6, 2024 • by stephen c. The union budget 2024, presented by finance minister nirmala sitharaman, outlines several key initiatives and fiscal strategies.

At the start of 2024, social security benefits rose 3.2%. The 2024 report projects that the combined oasdi trust funds have an actuarial deficit equal to 3.5 percent of taxable payroll, a decrease from the 3.61 percent.