Social Security 2024 Cola Increase Factors

Social Security 2024 Cola Increase Factors. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024. Several factors can impact the 2025 social security cola, including inflation, economic growth, and government policies.

Inflation is one of the most significant factors. Several factors can impact the 2025 social security cola, including inflation, economic growth, and government policies.