Social Security Cola 2024 Estimate Chart. The social security cola for 2023 was 8.7%. Lawmakers take aim at credit card debt, interest rates, fees.


Social Security Cola 2024 Estimate Chart

The social security cola for 2023 was 8.7%. A cola of 3% — much less than this year’s 8.7% increase — would raise the average monthly social security benefit from $1,789 to $1,842.70.

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