Social Security Cola Increase 2024 Forecast

Social Security Cola Increase 2024 Forecast. How much is the increase: Inflation is high but slowing down, which means social security recipients will see a lower cola.

Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024. Since the federal reserve appears to have made progress on the inflation front this year,.