2024 Social Security Increase Cola Calculator. In 2023, the social security administration indicated the cola would increase by 3.2% in 2024. How the latest increase compares historically.
The social security adminstration has announced that in 2024, beneficiaries of programs under their jurisdiction, most notably social security, will see the value of their benefits. Use this calculator to estimate your monthly social security retirement benefit based on your age, earnings and retirement date.