Cola Increase 2024 Forecast

Cola Increase 2024 Forecast. Social security benefits will increase by 2.5 percent beginning with the december 2024 benefits, which are payable in january 2025. Learn what that means and how it could affect you.


Cola Increase 2024 Forecast

5.9% in 2022, 8.7% in 2023, and 3.2% in 2024. Social security cola rates are expected to rise even more in 2024 after the latest august cpi data was released.

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