2024 Social Security Increase Projection , 2024 Social Security Increase Projection. Lawmakers take aim at credit card debt, interest rates, fees. A cola that matches the 2.9 percent july figure would increase the average social security retirement benefit — about $1,870 a month in june 2024 — by $54 a month starting in january 2025. 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. For 2024, the social security cola is 3.2%. 2024 Social Security Increase Projection Images References : 2024
2024 Social Security Increase Projection. Lawmakers take aim at credit card debt, interest rates, fees. A cola that matches the 2.9 percent july figure would increase the average social security retirement benefit — about $1,870 a month in june 2024 — by $54 a month starting in january 2025. 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. For 2024, the social security cola is 3.2%.