Cola 2024 Update , Cola 2024 Update. The cola applicable to payments provided in january 2024 has already been determined. A 3 percent adjustment would boost the average social security retirement benefit — $1,839 a month in july 2023 — by about $55 a month in 2024. As shown above, a 3% cola in 2024 means the average retired worker would receive an extra $55.12 in monthly benefits,. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024. Cola 2024 Update Images References : 2024
Cola 2024 Update. The cola applicable to payments provided in january 2024 has already been determined. A 3 percent adjustment would boost the average social security retirement benefit — $1,839 a month in july 2023 — by about $55 a month in 2024. As shown above, a 3% cola in 2024 means the average retired worker would receive an extra $55.12 in monthly benefits,. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024.