Social Security Cola 2024 Estimate Increase. The latest forecast for next year’s increase is 3.2%. A cola of 3.2% would raise the average monthly retiree benefit by about $59.


Social Security Cola 2024 Estimate Increase

That was the highest annual increase since 1981. More than 71 million americans will see a 3.2% increase to their social security and supplemental security income benefits in 2024, the social security administration announced on thursday.

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