Jane Roanna

Social Security Cola 2024 Increase Percentage Increase. Beginning in january 2024, checks reflecting those increases. Washington (ap) — millions of social security recipients will get a 3.2% increase in their benefits in 2024, far less than this year’s historic boost and reflecting moderating.

Based on the data from the start of 2024, the cola would be 2.7 percent for 2025. Beginning in january, benefits will increase by 3.2%, or roughly $58 a month for the average retiree.