2024 Social Security Increase Columbus. Social security benefits will increase by 3.2 percent beginning with the december 2023 benefits, which are payable in january 2024. In 2023, the social security administration indicated the cola would increase by 3.2% in 2024.
More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi). Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct.