Cola 2024 Social Security Increase 2024. Washington (ap) — millions of social security recipients will get a 3.2% increase in their benefits in 2024, far less than this year’s historic boost and reflecting. In 2025, the social security cola may be 2.6%, according to mary johnson, an independent social security and medicare policy analyst.
That equates to an average monthly rise of. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024.
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