2024 Social Security Cola Increase Ssim. The latest cola is 3.2 percent for social security benefits and ssi payments. The new cola will go into effect in january for most social security recipients, with the notable exception of.
More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024. โ more than 71 million americans receiving social security benefits will see their checks rise by 3.2 percent next year to help them keep pace with inflation, the social security administration.