Social Security Cola 2024 Increase Percentage To

Social Security Cola 2024 Increase Percentage To. 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 and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024.

Here’s how you can calculate your increase. This adjustment will affect social security retirement, disability, and ssi payments.