Social Security Cola 2024 Forecast Uk. Social security benefits increase in 2024. That equates to an average monthly rise of about $55 for all.
The social security program is already facing a serious funding shortfall that could necessitate benefit cuts in 2034. The social security administration’s annual cost of living adjustment for 2024 is 3.2%, reflecting a more moderate rate of inflation than the price jumps that necessitated last.
