Social Security Cola 2024 Estimate Increase In Florida. A 3.2 percent increase would raise the average social security payment for retired workers from $1,840.27 per month in 2023 to $1,899.16 per month in 2024, an. Beginning in january 2024, checks reflecting those increases.
More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi). Lastly, alabama also has a 3.6% annual inflation rate, which could mean that a low cola increase makes it hard for some seniors to keep up with rising.