2024 Cola Increase Estimate 2024. The latest cola is 3.2 percent for social security benefits and ssi payments. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024.
Social security benefits will increase by 3.2 percent beginning with the december 2023. More than 71 million americans will see a 3.2% increase to their social security and supplemental security income benefits in 2024, the social security.