Cola 2024 Increase Announcement News

Cola 2024 Increase Announcement News. Social security recipients and others on fixed incomes will soon see a slight increase in their monthly benefit checks from the u.s. More than 71 million americans will see a 3.2% increase to their social security and supplemental security income benefits in 2024, the social security administration announced on thursday.

Beginning in january 2024, checks reflecting those increases were sent to the. The next cola will be announced in october and.