2024 Stimulus Checks For Seniors. While the 2024 cola adjusted social security checks based on inflation, not everyone believes the payment update adequately reflects the price hikes seniors are seeing on. In january 2024, the average monthly payment for seniors receiving social security retirement benefits was around $1,900.
While stimulus checks may be over, several states are still offering direct payments to residents as a way to help them navigate economic conditions and inflation. Single people making less than $75,000, heads of household making less than $112,500, and married couples filing jointly making less than $150,000 qualify for stimulus checks.
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