Social Security 2024 Cola Fact Sheet

Social Security 2024 Cola Fact Sheet. A 3.2% cola for 2024 would increase an average monthly retiree benefit of $1,790 by $57.30, the tscl said. This adjustment will affect social security retirement, disability, and ssi payments.

Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024. Beginning in january 2024, social security recipients will see a 3.2% increase in their monthly payments to help offset inflation.