Cola 2024 Social Security Increase

Cola 2024 Social Security Increase. That adds about $50 monthly to the average retirement. A 3.2% cola for 2024 would increase an average monthly retiree benefit of $1,790 by $57.30, the tscl said.

Rather, it’s that seniors’ most. Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct.