New Cola Increase For 2024

New Cola Increase For 2024. The official cola for 2025 will be announced in october 2024. In 2023, the social security administration indicated the cola would increase by 3.2% in 2024.


New Cola Increase For 2024

That’s a huge drop from this year’s 8.7% cola , which pushed the average. 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.

New Cola Increase For 2024 Images References :