Social Security Cola Increase 2024 Amount.  — more than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024. Lawmakers take aim at credit card debt, interest rates, fees.

In 2024, the annual increase to social security benefits (cola) will be 3.2%. Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct.