Cola 2024 Social Security Increase. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024. “social security and ssi benefits will increase in 2024, and this will help millions of people keep up with expenses,” said kilolo kijakazi, acting commissioner of social security.
This adjustment will affect social security retirement, disability, and ssi payments. Social security benefits got a historic 8.7% cola in 2023, the largest raise for retired workers in more than 40 years.
Cola 2024 Social Security Increase Images References :