2024 Ssa Cola Increase Update. 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 and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024.

Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024. The latest cola is 3.2 percent for social security benefits and ssi payments.