Social Security 2024 Cola Projection. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024. According to a new analysis published by alicia munnell, director of the center for retirement research at boston college, retirees should expect a 2024 cola.


Social Security 2024 Cola Projection

That’s a notch below previous estimates and a considerably lower raise than the 3.2% cola seniors received at the start of 2024. Much lower than previous years, but cola has fully protected retirees against ravages of inflation.

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