2024 Us Ssdi Cola Increase Prediction

2024 Us Ssdi Cola Increase Prediction. The senior citizens league said wednesday that the social security cost of living adjustment, or cola, will likely be 3.2% for 2024. In 2024, most ssdi recipients will be able to earn up to $1,550 a month from work without risk to their benefits, up from $1,470 in 2023.

Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024. What could cola increase be in 2025?