Social Security Cola 2024 Forecast

Social Security Cola 2024 Forecast. That would add about $57 to monthly benefits, raising them. The social security administration cannot finalize the 2024 cola without september inflation data, which is scheduled for release on oct.

More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024. Here’s how the average benefit paid to different groups would change in 2024, according to social security.