Social Security Increase 2024. How much is the increase: The latest cola is 3.2 percent for social security benefits and ssi payments.
Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024. Washington (ap) — millions of social security recipients will get a 3.2% increase in their benefits in 2024, far less than this year’s historic boost and reflecting moderating consumer prices.