Social Security 2024 Cola Increase Projection. This is far below the. 12 rows  — the awi is used to index an individual's earnings through age 60 in the benefit calculation formula, and the cola is used to increase benefits annually.

 — if you don’t have an account yet, you must create one by november 14, 2023, to receive the 2024 cola notice online. Based on current estimates as of september.