Social Security Cola 2024 Forecast January

Social Security Cola 2024 Forecast January

Social Security Cola 2024 Forecast January. In 2024, the annual increase to social security benefits (cola) will be 3.2%. Prior to that, colas had not exceeded 3% since 2012.


Social Security Cola 2024 Forecast January

The latest forecast for next year’s social security cola increase is 3.2%, lower than the 8.7% in 2023 but higher than the average over the past 20 years. The cola is tied to the increase in the.

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