Money Social Security COLA 2024 estimates rose in an unexpected twist. Here’s why. July 12, 2023July 13, 2023Medora Lee, USA TODAYComments Off on Social Security COLA 2024 estimates rose in an unexpected twist. Here’s why. Despite easing inflation, next year's Social Security cost of living adjustment (COLA) inched up to 3% from 2.7% last month.