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Social Security Cola 2024 Forecast Chart
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Social Security Cola 2024 Forecast Chart. Here's when social security beneficiaries will see the higher amounts in their monthly checks. The cola was 3.2% in 2024.
The cola was 3.2% in 2024. A 3.2% increase in the average social security check—about $1,706 in august 2023, the latest data available—would raise that monthly payment to $1,761, a $55 bump.
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