Cola 2024. Given the recent high cola of 8.7% in 2023 and the anticipated lower increase in 2024, individuals nearing retirement should weigh the benefits of claiming. Beginning in january 2024, checks reflecting those increases were sent to the more than 66 million.
How much will my social security payment be with the 2024 cola increase? Given the recent high cola of 8.7% in 2023 and the anticipated lower increase in 2024, individuals nearing retirement should weigh the benefits of claiming.