2024 Cola Social Security Benefits. Washington (ap) — millions of social security recipients will get a 3.2% increase in their benefits in 2024, far less than this year’s historic boost and reflecting moderating consumer prices. The average beneficiary will see a $54 increase in their benefit amount.
The social security administration announced an 3.2% cola increase for 2024. The cola adjustment for social security benefits and supplemental security income (ssi) aims to help retirees keep up with increasing living expenses.
2024 Cola Social Security Benefits Images References :