Social Security Cola 2024 Adjustment Date. We will announce the next cola in october 2024. Social security colas are based on inflation data from q3 of the current and previous years.

In addition to a 2024 cola announcement, the ssa will put out a fact sheet. The social security administration’s annual cost of living adjustment for 2024 is 3.2%, reflecting a more moderate rate of inflation than the price jumps that.