Cost-of-Living Adjustment (COLA) Information for 2024

Posted by Stacey DemboNov 21, 20230 Comments

In October 2023, SSA announced that Social Security benefits will have a cost-of-living adjustment (COLA).  SSI and SSDI benefits will increase by 3.2 percent.  This means that the SSI benefit amount in 2023 of $914 per month will increase to $ 943 per month.  More information about the 2024 COLA can be found here and here.