Cola 2024 Fact Sheet

Cola 2024 Fact Sheet. 2024 cost of living adjustment (cola) the social security administration has announced that more than 71 million americans will see a 3.2% increase in their. The cola increase for 2023 was a historic 8.7% increase and the 2022 rate was 5.9%.


Cola 2024 Fact Sheet

“social security and ssi benefits will increase in 2024, and this will help millions. A 3.2% cola for 2024 would increase an average monthly retiree benefit of $1,790 by $57.30, the tscl said.

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