Casie Cynthia

Cola Increase 2024 Projections Chart. Social security cola rates are expected to rise even more in 2024 after the latest august cpi data was released. More than 71 million americans receiving social security benefits will see their checks rise by 3.2 percent next year to help them keep pace with inflation, the social security.

A 3.2% cola would mean about an extra $54.50 each month. We will announce the next cola in october 2025.