2024 Cola Prediction Social Security Benefits. The 2024 cola increases the average monthly benefit by about $58, taking the typical retiree’s check to $1,907. With this update to social security benefits for 2024, many recipients understandably have.


2024 Cola Prediction Social Security Benefits

A 3 percent adjustment would boost the average social security retirement benefit — $1,839 a month in july 2023 — by about $55 a month in 2024. That’s a huge drop from this year’s 8.7% cola, which pushed the average monthly.

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