Social Security Cola 2024 Estimate Increase Updates

Social Security Cola 2024 Estimate Increase Updates. Beginning in january 2024, checks reflecting those increases. 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.

The official 2024 social security cola will be announced by the social security administration on thursday, oct. Inflation cooled considerably in 2023, but consumer prices still went up, producing a 3.2 percent cola for social security beneficiaries.