Projected 2024 Social Security Cola Increase
Projected 2024 Social Security Cola Increase. Beginning in january 2024, checks reflecting those increases. The senior citizens league said wednesday that the social security cost of living adjustment, or cola, will likely be 3.2% for 2024.
The cola for december 2023 is 3.2 percent and is first payable in january 2024. That adds about $50 monthly to the.