2024 Social Security Increase Percentage Calculator

2024 Social Security Increase Percentage Calculator. In 2023, the social security cola was 8.7%.  — the first of these adjustments was implemented in 1975 but the percentage increase for cola fluctuates yearly depending on economic conditions.

It updates the 2024.1 version by updating the projected benefit increases and.  — social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct.