Social Security Increase 2024 Cola. Washington (ap) — millions of social security recipients will get a 3.2% increase in their benefits in 2024, far less than this year’s historic boost and reflecting. Social security benefits are on pace for a 3% cola in 2024.
Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024. Since the federal reserve appears to have made progress on the inflation.