2024 Cola Increase Estimate 2024. That would add about $57 to. The 2024 cola will likely be 3.2%, according to the latest and likely final estimate from the senior citizens league (tscl), a nonpartisan seniors advocacy group.
A 3.2% increase would be significantly higher than the 2.6% average increase beneficiaries have received over the past 20 years. More than 71 million americans will see a 3.2% increase to their social security and supplemental security income benefits in 2024, the social security.