Cola 2024 Increase Announcement For Retirees. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024. Some experts predict the cola for the following year before it is officially announced.
Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct. Some experts predict the cola for the following year before it is officially announced.