Social Security Increase 2024 Cola
Social Security Increase 2024 Cola. The latest cola is 3.2 percent for social security benefits and ssi payments. Starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 โ from $1,848 to $1,907.
The social security administration said the increased payments with the 2024 cola for supplemental security income (ssi) recipients began december 29,. The latest cola is 3.2 percent for social security benefits and ssi payments.