Social Security Cola Increase 2024 Forecast. The current estimate for the 2025 cola is 2.7%, according to mary johnson, an independent social security and medicare analyst formerly with the senior citizens. It’s not going to approach 2023’s historically high cola increase of 8.7%, but the 2024 social security cost of living adjustment is expected to be 3.2%, which if it comes to.
Ssa calculates the percent change between. This includes a recent call by biden for the 12.4% payroll tax to be.