Social Security Increase 2024 Cola Increase. In 2024, the annual increase to social security benefits (cola) will be 3.2%. A 3 percent adjustment would boost the average social security retirement benefit — $1,839 a month in july 2023 — by about $55 a month in 2024.


Social Security Increase 2024 Cola Increase

In 2024, workers pay social security taxes on up to. Social security benefits will increase by 3.2 percent beginning with the december 2023.

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