Cola Increase 2024 News Today

Cola Increase 2024 News Today. The adjustment is far lower than the 8.7% benefit boost for 2023. The social security administration (ssa) is due to announce the annual cost of living adjustment (cola) increase for 2025.

A 3% cola could increase this by $51.17 monthly, resulting in $1,756.96 for. Following a decade that featured three years of deflation where no cola was passed along (2010, 2011, and 2016), as well as the smallest positive cola in history (0.3% in 2017),.