Cost Of Living Raise Social Security 2024. Though it added about $59 per month to the average social security benefit. The cola increase means your ssdi, ssi, or social security retirement benefits will be 3.2% higher in 2024.


Cost Of Living Raise Social Security 2024

Starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 โ€” from $1,848 to $1,907. Federal ssi payment levels will also increase by 3.2 percent effective for payments made for january 2024.

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