Cola 2024 Prediction. The next cola will be announced thursday and be effective. Social security cola 2024 estimates rose in an unexpected twist.
The senior citizens league said wednesday that the social security cost of living adjustment, or cola, will likely be 3.2% for 2024. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.