Social Security 2024 Cola Estimate News. The 2024 cola was 3.2%, and 71% of older americans found it insufficient for. / updated september 13, 2023.
The senior citizens league said wednesday that the social security cost of living adjustment, or cola, will likely be 3.2% for 2024. Starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 โ from $1,848 to $1,907.
That would make the 2024 cola the smallest in three years, following this year's 8.7% hike and 2022's increase of 5.9%.
Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024.
Starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 โ from $1,848 to $1,907.
The group then increased that number to 2.6%.
Social Security 2024 Cola Estimate News. The 2024 cola was 3.2%, and 71% of older americans found it insufficient for. / updated september 13, 2023. The senior citizens league said wednesday that the social security cost of living adjustment, or cola, will likely be 3.2% for 2024. Starting in january, the estimated average monthly retirement…
