Cola 2024 Prediction Social Security Calculator

Cola 2024 Prediction Social Security Calculator. Use the social security administration’s benefits quick calculator to see potential payments. Most americans cheer cooling inflation, but social security recipients worry cola for 2024 could end up less than a third of 2023's 8.7% increase.

Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024. The 2024 cola boosted benefits by $59 a month for the average retiree.