Expected Cost Of Living Increase For 2024

Expected Cost Of Living Increase For 2024. In 2025, the social security cola may be 2.6%, according to mary johnson, an. The cost of living adjustment rose by 3.2 percent for 2024, the social security administration announced today.

Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024. Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning.