Social Security Administration 2024 Cola. With inflation easing throughout 2024, the social security cost of living adjustment came in lower than last year’s 3.2% bump. The cola for december 2024 is 2.5 percent and is first payable in january 2025.

Top social security benefit will hit almost $5,000 per month. Social security benefits will increase by 2.5 percent beginning with the december 2024 benefits, which are.