Cola For 2024 Social Security Forecasting

Cola For 2024 Social Security Forecasting. At the start of 2023, seniors on social security saw their monthly benefits rise 8.7%. Using august inflation data, the senior citizens league has estimated the annual raise for social security recipients will be 3.2% for 2024.

But at this point, it’s fair to use that number as an. Social security benefits could increase 3.2% in 2024.