Cola Increase 2024 Social Security. In 2023, the social security administration indicated the cola would increase by 3.2% in 2024. The cola increase means your ssdi, ssi, or social security retirement benefits will be 3.2% higher in 2024.


Cola Increase 2024 Social Security

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

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