Social Security Increase 2024 Projection

Social Security Increase 2024 Projection. 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. Assuming there are no major fluctuations in inflation in september, the 2024 social security cola will likely be in the 3% range.

Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct. Data from the ssa shows that the average.