Veterans 2024 Cola. The average social security check for retirees stands at $1,907 in 2024, according to the social security administration. Due to high inflation caused by the pandemic, the cost of living adjustment (cola) increased by 3.2%.
Tscl projections show 2025 may see an increase of 2.5% based on a decline from 2.9% in consumer price data. Yes, if you are a disabled veteran, then you will get a significant raise in your monthly disability benefits in 2024.