Social Security Cola Increase 2024 Forecast

Social Security Cola Increase 2024 Forecast. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024. That’s a huge drop from this year’s 8.7% cola, which pushed the average monthly.

Based on current estimates as of september. As retirees struggle to keep up with inflation, this 2.6% forecast is seen as a setback.