Social Security Cola 2024 Calculator For Retirees

Social Security Cola 2024 Calculator For Retirees.  — the government just released the final numbers necessary to make the calculation, and social security recipients can expect a 3.2% raise come the beginning. Social security benefit amounts adjust for inflation every year;

7 rows  — the cola for december 2023 is 3.2 percent and is first payable in january 2024.  — starting in january, the average monthly social security retirement benefit will rise by $59, from approximately $1,848 to $1,907, according to the ssa.