Cola Increase 2024 Social Security Rate

Cola Increase 2024 Social Security Rate.  — a recent estimate by the senior citizens league puts the 2025 social security cola at an increase of 2.63% over 2024.  — the social security administration last week announced that monthly benefits will increase by 3.2%next year, far less than this year’s 8.7% increase, which.

Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024. That’s less than half of the previous year’s cola increase.