Current Projected Cola For 2024. The social security cola for 2024 is projected to be 3% — and likely less — says mary johnson, a social security policy analyst at the senior citizens league. W e will not know if there will be a cola for.

If you started claiming social security before may 1997 or if get both social security and ssi benefits, you’ll get the new cola in a dec. (here’s more about the social security cola increase for 2023.) when is social security cola announced?