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Cola Increase 2024 Projections Meaning

Cola Increase 2024 Projections Meaning. The latest cola is 3.2 percent for social security benefits and ssi payments. The average social security benefit, as of august 2023, was.


Cola Increase 2024 Projections Meaning

That’s a huge drop from this year’s 8.7% cola, which pushed the average monthly check up by about $146. The average monthly survivor benefit ($1,509 in august) would go up by a little less than $38, and the average social security disability insurance (ssdi) payment.

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