Cola Cost Of Living Adjustment 2024

Cola Cost Of Living Adjustment 2024. Social security cola for 2024. Social security benefits will increase by 2.5 percent beginning with the december 2024 benefits, which are payable in january 2025.

However, a cola isn’t a universal solution. Cost of living adjustment (cola) letters, also known as quarterly statements, are informational statements provided to beneficiaries in receipt of a unjspf periodic benefit.