Social Security Cola 2024 Estimate Date

Social Security Cola 2024 Estimate Date. Initial estimates are calling for a smaller raise in 2025. The social security administration announced on october 12, 2023, that benefits will increase by 3.2% in 2024, a far more modest.

Starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 — from $1,848 to $1,907. The news is full of alarmist stories about social.