Cola 2024 Ssa. Starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 — from $1,848 to $1,907. If the agency announces a 2.5% cola.

The social security administration’s annual cost of living adjustment for 2024 is 3.2%, reflecting a more moderate rate of inflation than the price jumps that. A person who is earning more than a certain monthly amount (net.