2024 Social Security Increase Cola By Year. The latest cola is 2.5 percent for social security benefits and ssi payments. Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct.


2024 Social Security Increase Cola By Year

How the cola is applied. An average monthly benefit will increase by more than $50, from $1,841 to $1,900 per month.

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