Ssa Cost Of Living Increase 2024 Increase

Ssa Cost Of Living Increase 2024 Increase. The latest such increase, 2.5 percent. The percentage change is the cola for the following year, typically announced in october.

Social security benefits and supplemental security income (ssi) payments for more than 72.5 million americans will increase by 2.5% in 2025. It’s a smaller bump than the 8.7% cola increase beneficiaries received for this year, reflecting the.