Cost Of Living 2024 Social Security Increase

Cost Of Living 2024 Social Security Increase. The cola increase means your ssdi, ssi, or social security retirement benefits will be 3.2%. We will announce the next cola in october 2024.

In 2023, the social security administration indicated the cola would increase by 3.2% in 2024. Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct.