Social Security Cola 2024 Announcement Date

Social Security Cola 2024 Announcement Date. We've got two more months of inflation data to go. The social security administration said the increased payments with the 2024 cola for supplemental security income (ssi) recipients began december 29,.

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. How much is the increase: