Theda Moreen

Cola For 2024 Social Security Forecasting. According to a new analysis published by alicia munnell, director of the center for retirement research at boston college, retirees should expect a 2024 cola. The reason the cola is always revealed in the second week.

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. And, if that estimate proves correct, the cola hike would be down slightly from a 3.2% boost to benefits for more than 71 million people in 2024.