Social Security Cola Increase 2024 Forecast. — it’s not going to approach 2023’s historically high cola increase of 8.7%, but the 2024 social security cost of living adjustment is expected to be 3.2%, which if it comes to fruition would raise an average monthly retiree benefit of $1,790 by $57.30. That would add about $57 to.
The social security administration cannot finalize the 2024 cola without september inflation data, which is. — that’s surprising because social security recipients have received relatively large colas in recent years:
Social Security Cola Increase 2024 Forecast Images References :