2024 Cost Of Living Adjustment For Social Security

2024 Cost Of Living Adjustment For Social Security. The cost of living adjustment rose by 3.2 percent for 2024, the social security administration announced today. A 3.2% cola in 2024 will lift the average monthly social security check for retired workers to more than $1,900.

Increased payments to nearly 7.5 million people receiving ssi will begin on december 31, 2024. The cost of living adjustment rose by 3.2 percent for 2024, the social security administration announced today.