Social Security Benefits Cola 2024 Estimate

Social Security Benefits Cola 2024 Estimate. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024. But retirees aren't expecting such a significant boost this time.

 — the social security administration announced an 3.2% cola increase for 2024. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024.