Projected 2024 Social Security Cola Increase

Projected 2024 Social Security Cola Increase. Social security recipients finally have something to cheer: Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct.

If projections hold, next year’s benefit. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.