2024 Social Security Cola Increase Disability Status

2024 Social Security Cola Increase Disability Status. Starting in january, the average monthly social security retirement benefit will rise by $59, from approximately $1,848 to $1,907, according to the ssa. The 3.2% cola, which takes effect in january 2024, means the current average social.

All forms of benefits — retirement, disability , family and survivor — are affected by the cola. The 2024 cola increase the ssa recently announced that benefits for more than 71 million americans will increase by 3.2 percent in 2024, and beneficiaries.