Social Security Cola 2024 Prediction Chart. There’s a chance the 2024 cola could drop below 3% if the september inflation rate is especially low. The senior citizens league increased its cola forecast.

A 3.2% cola for 2024 would increase an average monthly retiree benefit of $1,790 by $57.30, the tscl said. Ssa calculates the percent change between average prices in the third.