Ss Cost Of Living In …

Ss Cost Of Living Increase 2024. Multiply any amount over $1,174 up to $7,078 by 32%. Thereafter colas have been effective with benefits payable for december.

Each year, social security bases the cola on changes in the consumer price index. Since 1975, social security’s general benefit increases have been based on increases in the cost of living, as measured by the consumer price index.