2024 Cola Increase For Vassal

2024 Cola Increase For Vassal. The social security administration announced an 3.2% cola increase for 2024. The 2024 cola for social security will rise 3.2% for most recipients beginning in january 2024.² this is still a relatively substantial increase compared to most adjustments.

Effective july 1, 2024, the cola rate is 2.00% for those with a retirement date on or before july 1, 2023. In 2024, the annual increase to social security benefits (cola) will be 3.2%.