Social Security Cola 2024 Increase Percentage Increase. A 3 percent adjustment would boost the average social security retirement benefit — $1,839 a month in july 2023 — by about $55 a month in 2024. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024.
These days, i could bore you with hours of conversation about social security’s numerous rules and nuances. The percentage change is the cola for the following year.
Social Security Cola 2024 Increase Percentage Increase Images References :