Social Security Cola Increase 2024 Forecast. As retirees struggle to keep up with inflation, this 2.6% forecast is seen as a setback. Based on the latest inflation numbers, the senior citizens league now predicts the 2024 cola for social security benefits could be 3.1%.
The latest cola is 3.2 percent for social security benefits and ssi payments. Tscl’s 2024 senior survey (with over 1,100 responses) affirmed the struggle.
