Social Security 2024 Cola. Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct. No matter what 2024's social security cola ends up being, seniors should be aware that a hike in medicare part b premiums has the potential to whittle that raise down.
No matter what 2024’s social security cola ends up being, seniors should be aware that a hike in medicare part b premiums has the potential to whittle that raise down. If you donโt have an account yet, you must create one by november 14, 2023, to receive the 2024 cola notice online.