Social Security One Time Payment April 2024. The social security administration (ssa) is expected to announce the 2024 cola rate on october 12, predicted by analysts to be 3 percent based on the consumer price index. Updated aug 1, 2024 1:16.

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 payment schedule august 2024.