Social Security Cost Of Living 2024. The 2025 cola will be announced in october 2024. Due to inflation, the cola is rising this year, so the 66 million social security beneficiaries will see a higher benefit starting in january of next year.
Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct. Shipra singh 6 min read 09 sep 2024,.