Social Security 2024 Cola

Social Security 2024 Cola. The cola increase means your ssdi, ssi, or social security retirement benefits will be 3.2% higher in 2024. Social security benefits will increase by 3.2 percent beginning with the december 2023.

In 2024, the annual increase to social security benefits (cola) will be 3.2%. Seniors on social security were thrown a major bone at the start of 2023, when their benefits rose 8.7%.