Expected Social Security Cola For 2024

Expected Social Security Cola For 2024. The latest cola is 3.2 percent for social security benefits and ssi payments. Despite easing inflation, next year's social security cost of living adjustment (cola) inched up to 3% from 2.7% last month.


Expected Social Security Cola For 2024

A 3 percent adjustment would boost the average social security retirement benefit โ€” $1,839 a month in july 2023 โ€” by about $55 a month in 2024. 12 rows estimates under the 2024 trustees report.

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Expected Social Security Cola For 2024