Cola 2024 Increase Announcement. The senior citizens league said wednesday that the social security cost of living adjustment, or cola, will likely be 3.2% for 2024. Effective july 1, 2024, the cola rate is 2.00% for those with a retirement date on or before july 1, 2023.
Once that information comes in, the social security administration (ssa) will be able to calculate a cola for 2024. Washington (ap) — millions of social security recipients will get a 3.2% increase in their benefits in 2024, far less than this year’s historic boost and reflecting.
Cola 2024 Increase Announcement Images References :
