Social Security Cola 2024 Announcement 2024. Social security beneficiaries will see a 3.2% boost to their benefits in 2024, the social. The senior citizens league (tscl), one of the nation's largest nonpartisan seniors groups, had previously estimated that the 2024 cola would be 3.2% based on.

The senior citizens league said wednesday that the social security cost of living adjustment, or cola, will likely be 3.2% for 2024. In 2023, the social security administration indicated the cola would increase by 3.2% in 2024.