Social Security Cola …

Social Security Cola 2024 Increase Percentage Increase. A 3.2% cola for 2024 would increase an average monthly retiree benefit of $1,790 by $57.30, the tscl said. Checks are disbursed on scheduled wednesdays each month, so when you get the first increased check.

Because they can affect premiums, “the rising costs of alzheimer’s drugs covered by medicare may also play a role in determining the final benefit amount for 2024,” schreiber. 12 is apt to be a big day for anyone who collects social security.