Cola 2024 Prediction. There's a chance 2024's cola will end up a bit higher or lower than 3.2%, depending on how things shake out in september. Social security cola 2024 estimates rose in an unexpected twist.

A 3.2% cola would mean about an extra $54.50 each month. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024.