2024 Social Security Cola Increase Date 2024

2024 Social Security Cola Increase Date 2024. The projected actuarial deficit over. The social security administration announced its annual cost of living adjustment for 2024.

Starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 — from $1,848 to $1,907. When you can start collecting social security.