Cola 2024 Increase . Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning. Since 1975, social security's general benefit increases have been based on increases in the cost of living, as measured by the consumer price index.
The cola increase means your ssdi, ssi, or social security retirement benefits will be 3.2% higher in 2024. Learn what that means and how it could affect you.
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2024 SOCIAL SECURITY INCREASE SOCIAL SECURITY COLA PREDICTIONS FOR , The cola increase means your ssdi, ssi, or social security retirement benefits will be 3.2% higher in 2024.