Cola Increase 2024 Newspaper

Cola Increase 2024 Newspaper. What is the 2024 social security cola increase, and does it affect future retirees? Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning.

Social security benefits will increase by 3.2 percent beginning with the december 2023. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.