2024 Social Security Cola Increase Update 2024. How much is the increase: Social security benefits could increase 3.2% in 2024.
A 3.2% cola for 2024 would increase an average monthly retiree benefit of $1,790 by $57.30, the tscl said. Washington (ap) โ millions of social security recipients will get a 3.2% increase in their benefits in 2024, far less than this yearโs historic boost and reflecting.