2024 Social Security Cola Increase Calculator 2024

2024 Social Security Cola Increase Calculator 2024. Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa). Say you’re receiving $1,822, which is the current average monthly benefit for retirees.

The social security increase for 2024 was 3.2%, but with inflation cooling,. The latest cola is 3.2 percent for social security benefits and ssi payments.