2024 Inflation Rate For Social Security. 12 is apt to be a big day for anyone who collects social security. One set of projections reflects a scenario in which the program.

Nearly 68 million social security beneficiaries will see a 2.5% cola beginning. The social security administration’s annual cost of living adjustment for 2024 is 3.2%, reflecting a more moderate rate of inflation than the price jumps that necessitated last.