Cola 2024 Ssdi. Since the federal reserve appears to have made progress on the inflation. The senior citizens league said wednesday that the social security cost of living adjustment, or cola, will likely be 3.2% for 2024.
The average benefit for all retired workers will be $1,907 in 2024, up from $1,848 in 2023, according to the social security administration. How much will my social security payment be with the 2024 cola increase?