Social Security Cola 2024 Forecast November

Social Security Cola 2024 Forecast November. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024. Beginning in january 2024, checks reflecting those increases.

 — a cola of 3.5% would raise the average social security retirement benefit by $62.73 a month, based on the latest social security administration data.  — a 3.2% cola for 2024 would increase an average monthly retiree benefit of $1,790 by $57.30, the tscl said.