Social Security Announcement 2024 Date. The cola for 2025 will be announced in october 2024, based on data from july to september. In addition to next thursday’s 2024 cola announcement, the social security administration is also expected to release an updated “ fact sheet ” on oct.

While the 2024 cola adjusted social security checks based on inflation, not everyone believes the payment update adequately reflects the price hikes seniors are seeing on. Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning.