Social Security Cola 2024 Estimated Amount

Social Security Cola 2024 Estimated Amount. 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. Inflation cooled considerably in 2023, but consumer prices still went.

A 3.2% cola for 2024 would increase an average monthly retiree benefit of $1,790 by $57.30, the tscl said. 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.