Social Security Cola 2024 Estimated Increase

Social Security Cola 2024 Estimated Increase. The table below provides estimated average benefits for certain beneficiary types , at the end. The cola for december 2023 is 3.2 percent and is first payable in january 2024.

Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct. That adds about $50 monthly to the.