Ssa 2024 Cola Increase Projection

Ssa 2024 Cola Increase Projection. The senior citizens league said wednesday that the social security cost of living adjustment, or cola, will likely be 3.2% for 2024. Beginning in january 2024, checks reflecting those increases.

The forecast for next year’s social security increase edged up on wednesday even after the. A cola of 3.0% would raise the current average monthly benefit of $1,787.00 by about $53.60, according to the senior citizens league.