Social Security Increase 2024 Amount

Social Security Increase 2024 Amount. The cola increase means your ssdi, ssi, or social security retirement benefits will be 3.2% higher in 2024. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.

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% in 2024, the social security administration announced thursday morning.