Cola 2024 Social Security

Cola 2024 Social Security. Since the federal reserve appears to have made progress on the inflation. The average social security benefit is about $1,700 a month, according to the ssa.

The average social security benefit is about $1,700 a month, according to the ssa. Starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 — from $1,848 to $1,907.