Social Security Cola 2024 Release Date
Social Security Cola 2024 Release Date. On april 18, 2024, social security published a final rule, intermediate improvement to the disability adjudication process: A cola of 3.5% would raise the average social security retirement benefit by $62.73 a month, based on the latest social security administration data.
Including how we consider past work. the final rule announces updates that will improve the application process for disability benefits and reduce the time applicants wait for a decision. Starting in january 2024, you’ll notice the cola increase on your monthly checks.