2024 Social Security Cola Increase Ssi Benefits. — the roughly 70 million americans who receive social security will see another significant increase to their benefits next year: Social security benefits will increase by 3.2 percent beginning with the december 2023.
“social security and ssi benefits will increase in 2024, and this will help millions of people keep up with expenses,” social security’s acting commissioner, kilolo kijakazi, said in a release. For 2024, social security benefits and supplemental security income (ssi) payments will increase by 3.2%.