2024 Inflation Rate For Social Security. 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. Social security recipients are eager to know what 2024's cola will look like.
Social security recipients are eager to know what 2024’s cola will look like. The average social security benefit is about $1,700 a month, according to the ssa.