Estimated 2024 Social Security Cola Increase

Estimated 2024 Social Security Cola Increase. With two months of data still pending, current estimates suggest a 2.57% cola increase for 2025, which would add about $50 per month to benefits, according to the detroit free press. The average monthly survivor benefit ($1,508 in june) would go up by $44, and the average social security disability insurance (ssdi.

The social security administration will use this inflation data. That adds about $50 monthly to the average retirement benefit consumers.