Cola 2024 Increase Announcement As Of Today Gold. Beginning in january, benefits will increase by 3.2%, or roughly $58 a month for the. This modest increase can be attributed to the fall in the domestic gold price (~8%) 8 following the import duty reduction.

Social security cola rates are expected to rise even more in 2024 after the latest august cpi data was released. Since the federal reserve appears to have made progress on the inflation front this year,.