Social Security Cola 2024 Adjustment Schedule. As the year 2024 comes to a close, millions of americans are waiting for the upcoming social security cost of living adjustment (cola) for 2025. Join us as we break down the calculation.

Once that information comes in, the social security administration (ssa) will be able to calculate a cola for 2024. And while the hike in benefits remains higher than the 2.6% average.