Social Security Cola 2024 Estimate Increase
Social Security Cola 2024 Estimate Increase. How the latest increase compares historically. The senior citizens league (tscl), one of the nation's largest nonpartisan seniors groups, had previously estimated that the 2024 cola would be 3.2% based on the rise in consumer price data.
The senior citizens league said wednesday that the social security cost of living adjustment, or cola, will likely be 3.2% for 2024. How much is the increase: