2024 Inflation Rate For Social Security Benefits
2024 Inflation Rate For Social Security Benefits. For 2024, the cola will be 3.2%, which means that your social security checks and ssi benefits will increase by that percentage. Washington (ap) — millions of social security recipients will get a 3.2% increase in their benefits in 2024, far less than this year’s historic boost and reflecting.
In june 2024, the average monthly social security benefit for retired workers was $1,918. Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct.