Honda Accord Social Security 2024 Cola. We're getting closer to narrowing down a 2025 social security cola. Like all cola increases, this.
The 2024 cola boosted benefits by $59 a month for the average retiree. In 2024, beneficiaries can expect to receive a 3.2% cola, which will amount to an extra $59 per month for the average retiree, according to the social security administration.