Social Security Cola 2024 Announcement July. Next year's raise is looking smaller, though, with estimates calling for a 2.5% raise in 2025 based on inflation data for july and. Social security cola increase 2024.
Social security benefits will increase by 3.2 percent beginning with the december 2023 benefits, which are payable in january 2024. Starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 — from $1,848 to $1,907.
Social Security Cola 2024 Announcement July Images References :
