What Is The Cost Of Living Adjustment 2024
What Is The Cost Of Living Adjustment 2024. Starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 โ from $1,848 to $1,907. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024.
The latest cost of living adjustment (cola) for va disability benefits took effect on december 1, 2023. Starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 โ from $1,848 to $1,907.
