Cola 2024 Increase Announcement As Of Today'S

Cola 2024 Increase Announcement As Of Today'S. It will likely be smaller than 2024's cola. 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 consumer prices.

Learn what that means and how it could affect you. A 3.2% cola would mean about an extra $54.50 each month.