Cola 2024 Increase Announcement

Cola 2024 Increase Announcement. Read our latest money problem, and the rest of. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024.

Forecasts estimate the cola will be around 3 percent. But since you receive social security checks in the month after the month they’re due, you won’t get your first payment with the cola until january 2025.