Cola Increase 2024 Projections 2024

Cola Increase 2024 Projections 2024. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi). A 3.2% cola for 2024 would increase an average monthly retiree benefit of $1,790 by $57.30, the tscl said.

Beginning in january 2024, checks reflecting those increases. Social security recipients finally have something to cheer: