Social Security Cola Increase 2024 Forecast

Social Security Cola Increase 2024 Forecast. The latest cola is 3.2 percent for social security benefits and ssi payments. In 2023, the social security administration indicated the cola would increase by 3.2% in 2024.


Social Security Cola Increase 2024 Forecast

Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024. A cola of 3.2% would raise the average monthly retiree benefit by about $59.

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