Social Security Cola 2024 Benefits. For 2024, the cola will be 3.2%, which means that your social security checks and ssi benefits will increase by that percentage. A 3.2% increase in the average social security check—about $1,706 in august 2023, the latest data available—would raise that monthly payment to $1,761, a.
Washington (ap) — millions of social security recipients will get a 3.2% increase in their benefits in 2024, far less than this year’s historic boost and reflecting. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024.