2024 Social Security Cola Increase Update 2024

2024 Social Security Cola Increase Update 2024. Analysts estimate that the maximum. The latest cola is 3.2 percent for social security benefits and ssi payments.


2024 Social Security Cola Increase Update 2024

Over the past 20 years, the average social security cola has been 2.6%. A 3 percent adjustment would boost the average social security retirement benefit โ€” $1,839 a month in july 2023 โ€” by about $55 a month in 2024.

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