Social Security Increase 2024 Projections 2024. According to the 2024 social security trustees report, the intermediate case calls for a 2.6% cola for this year (the increase that will start with january 2025 payments). Social security benefits will increase by 2.5 percent beginning with the december 2024 benefits, which are payable in january 2025.
Based on the latest inflation numbers, the senior citizens league now predicts the 2024 cola for social security benefits could be 3.1%. Retirees likely could be looking at a cost of living adjustment somewhere in the 3% range โ less.
Social Security Increase 2024 Projections 2024 Images References :
