Cola 2024 Increase Announcement. Once that information comes in, the social security administration (ssa) will be able to calculate a cola for 2024. But in a quirk of the calendar, social security beneficiaries are likely to miss out on another large improvement to their buying.
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, benefits will increase by 3.2%, or roughly.
Cola 2024 Increase Announcement Images References :