The latest cola is 3.2 percent for social security benefits and ssi payments. How to prepare financially for 2024.
The reasons behind the social security cola for 2024. The social security 2024 cola increase was a lower 3.2%.
The governor’s budget includes $21.7 billion in general fund support for higher education in 2024‑ 25—an increase of $226 million (1.1 percent) from 2023‑24.
A recently published statement from the senior citizens league predicts that the 2024 social security cola will be 3.2%.
For 2024, the cola projection is creating buzz, as it's shaping up to be higher than expected, albeit still below the previous year's adjustment.
How much is the increase:
