Social Security Cola 2024 Payment Schedule In India

Social Security Cola 2024 Payment Schedule In India. 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. The cola will be applied in the january 2024 social security and ssi payments.

That adds about $50 monthly to the average retirement benefit consumers. The first will be sent on friday, december 29, 2023, as january 1 is a.