Cola 2024 Update Today

Cola 2024 Update Today. Individuals receiving insurance benefits under the federal employees compensation act (feca) will receive a 3.3 percent cola in march 2024. The social security administration won't be able to officially announce a 2024 cola until october.

Social security recipients finally have something to cheer: More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in.