Social Security Cola 2024 Release Date In India. Social security cola rates are expected to rise even more in 2024 after the latest august cpi data was released. Social security benefits will increase by 2.5 percent beginning with the december 2024 benefits, which are.
A 3 percent adjustment would boost the average social security retirement benefit — $1,839 a month in july 2023 — by about $55 a month in 2024. Learn what that means and how it could affect you.