Tiff Adelina

Cola 2024 Prediction Challenge. After factoring in the 2.57% cola, benefits would increase by about $49 to $1,956 in. While social security payouts get larger each year thanks to the cola, a recent survey by tscl found 55% of.

According to the social security administration, the average monthly benefit in january 2024 was $1,907. The most recent inflation report, for july 2023, showed a 2.6% year.