2024 Cola Increase For Social Security Benefits

2024 Cola Increase For Social Security Benefits. In 2024, the annual increase to social security benefits (cola) will be 3.2%. Inflation cooled considerably in 2023, but consumer prices still went.

 — social security benefits have received larger colas in each of the last three years:  — social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct.