Cola 2024 Increase Announcement As Of Today News

Cola 2024 Increase Announcement As Of Today News. Social security benefits will increase by 3.2 percent beginning with the december 2023. That would add about $57 to monthly.

The social security administration announced an annual cost of living adjustment of 8.7% amid a rising inflation rate that has been punishing for americans on. It’s a relatively smaller adjustment compared with the cola that beneficiaries.