Social Security Cola 2024 Benefits Chart. Social security benefits increasing 3.2% in 2024. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024.
Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024. For 2024, the cola will be 3.2%, which means that your social security checks and ssi benefits will increase by that percentage.