Social Security Cola 2024 Forecast. While the money is used to pay people currently receiving. Based on the latest inflation numbers, the senior citizens league now predicts the 2024 cola for social security benefits could be 3.1%.
The government uses taxes from working people to pay benefits to people who have retired, people who are disabled, the survivors of workers who have died, and. Medicare’s part b premium is forecast to rise by more than twice the.