Social Security Cola 2024 Estimate Increase. 2024's increase would be less than half of 2023's 8.7% jump, which was a. This adjustment will affect social security retirement, disability, and ssi payments.


Social Security Cola 2024 Estimate Increase

Starting in january the average monthly check for the nation’s 72.5 million social security benefit recipients will be $1,976, up 2.5% from 2024.that’s an increase of $49 a. A 3 percent adjustment would boost the average social security retirement benefit — $1,839 a month in july 2023 — by about $55 a month in 2024.

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