Cola Increase 2024 Inflation Rate. Washington (ap) — millions of social security recipients will get a 3.2% increase in their benefits in 2024, far less than this year’s historic boost and reflecting. Lawmakers take aim at credit card debt, interest rates, fees.
If the agency announces a 2.5% cola increase for 2025, as forecast, the typical benefit check would rise by about $48 a month, for a total of $1,955 per payment. How much is the increase: