Cola Increase 2024 News

Cola Increase 2024 News. Millions of social security recipients are in line for the smallest increase in four years, according to the latest cost of living adjustment forecast. The social security administration will use this.

Learn what that means and how it could affect you. More than 66 million retirement beneficiaries will see the 3.2% cola beginning in january 2024, the ssa said in a press release, and about 7.5 million supplemental security income (ssi).