Social Security COLA may dip, still be above average

As inflation cools down, the odds are heating up that Social Security benefits won't rise as dramatically next year as they did in 2023.. This year's COLA amounted to an 8.7% bump for Social Security benefits, as well as Supplemental Security Income benefits– the biggest increase since 1981 when the inflation adjustment was 11.2%. "We are returning to reality,"…