Cola 2024 Social Security Increase Updates. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024. Social security recipients cashed in on their checks up to $4,873 as the last round of february checks concludes.
More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi). How much is the increase: