Social Security Cola 2024 Prediction Chart

Social Security Cola 2024 Prediction Chart. A 3 percent adjustment would boost the average social security retirement benefit — $1,839 a month in july 2023 — by about $55 a month in 2024. Social security benefits increased 3.2% in january 2024.

In 2024, the cola increase for social security beneficiaries is 3.2%. The ssa is expected to announce the 2024 social security cola.