Social Security Cola 2024 Amount

Social Security Cola 2024 Amount. Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024.

This adjustment will affect social security retirement, disability, and ssi payments. Beginning in january 2024, checks reflecting those increases were.