2024 Social Security Cola Prediction. But 2024's cola is shaping. The social security administration cannot finalize the 2024 cola without september inflation data, which is scheduled for release on oct.
At the start of 2023, seniors on social security saw their monthly benefits rise 8.7%. This year’s cola amounted to an 8.7% bump for social security benefits, as well as supplemental security income benefits โ the biggest increase since 1981 when the.