2024 Cost Of Living Social Security

2024 Cost Of Living Social Security. This adjustment will affect social security retirement, disability, and ssi payments. Social security beneficiaries are getting a raise, and the cola (cost of living adjustment) for 2024 is 3.2%.


2024 Cost Of Living Social Security

Starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 — from $1,848 to $1,907. Social security’s 2024 cola will lift the average monthly benefit for workers with disabilities and survivor beneficiaries by $48 and $47, respectively, leading to average payouts of $1,537 and.

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