2024 Social Security Cola Increase Update News. The social security administration says that will raise average monthly payments by more than. Social security cola rates are expected to rise even more in 2024 after the latest august cpi data was released.


2024 Social Security Cola Increase Update News

Based on current estimates as of september. If the 2025 cola is 2.5%, it would translate to a $48 increase in the monthly benefit payment, bringing the average monthly total to $1,968.

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2024 Social Security Cola Increase Update News