2024 Social Security Cola Increase Ssi Calculator. 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. When multiplied by 3.2% or 0.032%, the estimated cola, you can expect a monthly benefit in 2024 of about $1,880 โ a $58 increase.
Next year’s raise is looking smaller, though, with estimates calling for a 2.5% raise in 2025 based on inflation data for. The social security increase for 2024 was 3.2%, but with inflation cooling,.
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