Forecasted Social Security Cola 2024. A cola of 3% for 2024 would raise an average monthly benefit of $1,789 by $ 53.70—well down from this year’s average increase of $146 a month after this year’s historic. Once that information comes in, the social security administration (ssa) will be able to calculate a cola for 2024.
10, the social security administration (ssa). How would a 3.2% cola impact social security checks?