Social Security 2024 Cola Projection. That's because colas are based on third quarter inflation. As you can see, soaring consumer prices have led to a nearly 18% increase in benefits over the.
As you can see, soaring consumer prices have led to a nearly 18% increase in benefits over the. Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct.