Cola Increase 2024 Social Security Rate. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024. That equates to an average monthly rise of.
In january 2024, payments rose by 3.2% over 2023, according. Over 70 million americans who receive social security or supplemental security income (ssi) benefits will see a 3.2% cost of living adjustment (cola) in 2024,.