Social Security Cola 2024 Announcement Date

Social Security Cola 2024 Announcement Date. A 3.2% cola for 2024 would increase an average monthly retiree benefit of $1,790 by $57.30, the tscl said. Here is everything we know about the upcoming changes to social security benefits and when you can expect them.

The social security administration typically announces the cola for the following year in october. Social security benefits are on pace for a 3% cola in 2024.