Social Security Cola …

Social Security Cola 2024 Effective Date. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2. 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.

When will you know your social security cola for 2024? Social security benefits will increase by 3.2 percent beginning with the december 2023.