Veterans Get Cost-of-Living Increase for 2024

Disability compensation for 2024 is getting a 3.2% boost as a result of Social Security Administration’s Cost of Living (COLA) increase for the year. To keep pace with inflation and rising prices year of year, these COLA increases are mandated by law, so when Social Security COLA increases, so does veterans’ disability compensation.

If you haven’t already checked out your new monthly payment for 2024, you can head over to the VetsApp monthly compensation calculator to check out your new rates. 


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