Stimulus 2024 For Seniors. The recovery rebate credit is a refundable credit for. 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 healthcare and.

In january 2024, the average monthly payment for seniors receiving social security retirement benefits was around $1,900. We’re committed to helping you get your economic impact, or stimulus, payment as soon as possible.