Social Security 2024 Cola Increase Projection. How the 2025 cola will change your benefit. The annual adjustment declined sharply last year in tandem with cooling inflation.
Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024, the social security administration announced. The 2.5% cola increase will boost the average social security payment by about $50 starting in january, the agency said on thursday.
Social Security 2024 Cola Increase Projection Images References :