Social Security 2024 Cola Increase Projection. The consumer price index report on oct. In 2023, the social security administration indicated the cola would increase by 3.2% in 2024.
Learn how the 3.2% cola increase for 2024 will affect social security retirement and ssi payments, taxable maximum, and more. The senior citizens league’s most recent estimate for the 2024 cola is 3.2%.