2024 Social Security Increase Cola. More than 71 million americans receiving social security benefits will see their checks rise by 3.2 percent next year to help them keep pace with inflation, the. The cola for 2024 is 3.2%.
This adjustment will affect social security retirement, disability, and ssi payments. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024.