Important Dates and Announcements for Social Security Beneficiaries in January 2024

TLDRThis video discusses the important dates and announcements for Social Security beneficiaries in January 2024. Topics include the arrival of January checks, important announcements, and the CPI data release. The video also mentions the Medicare Part B premium increase.

Key insights

📅Various dates in January 2024 are important for Social Security beneficiaries, including the arrival of January checks and the CPI data release.

💵Over 71 million beneficiaries will receive money in January 2024, and there will be important announcements throughout the month.

🆙The COLA increase for Social Security beneficiaries in January 2024 will result in higher benefit payments.

💰Medicare Part B premium will increase to $174.72 in January 2024, affecting beneficiaries receiving fixed income.

📉The CPI data release for December 2023 will show the current state of inflation, which remains a concern for beneficiaries.

Q&A

What are the important dates for Social Security beneficiaries in January 2024?

Important dates include the arrival of January checks, announcements throughout the month, and the CPI data release.

Will the COLA increase affect Social Security benefit payments in January 2024?

Yes, the COLA increase will result in higher benefit payments for Social Security beneficiaries in January 2024.

How much will the Medicare Part B premium increase in January 2024?

The Medicare Part B premium will increase to $174.72 in January 2024, affecting beneficiaries receiving fixed income.

What will the CPI data release reveal for December 2023?

The CPI data release will show the current state of inflation, which remains a concern for Social Security beneficiaries.

What should beneficiaries be aware of for January 2024?

Beneficiaries should be aware of important dates, higher benefit payments, the Medicare Part B premium increase, and the state of inflation.

Timestamped Summary

00:00The video discusses the important dates and announcements for Social Security beneficiaries in January 2024.

02:27Over 71 million beneficiaries will receive money in January 2024, and there will be important announcements throughout the month.

05:49The COLA increase for Social Security beneficiaries in January 2024 will result in higher benefit payments.

09:55The Medicare Part B premium will increase to $174.72 in January 2024, affecting beneficiaries receiving fixed income.

11:32The CPI data release for December 2023 will show the current state of inflation, which remains a concern for beneficiaries.