What Is The Forecasted Cola Increase For 2024. A cola of 3.2% would raise the average monthly retiree benefit by about $59. The social security cost of living adjustment (cola) for 2024 will likely be 3.2% based on a jump in consumer price data through august.
The senior citizens league increased its cola forecast for 2024 after. The cola increase means your ssdi, ssi, or social security retirement benefits will be 3.2% higher in 2024.
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