Ssa Cost Of Living Increase 2024 Update. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in. The cost of living adjustment rose by 3.2 percent for 2024, the social security administration announced today.
Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning. How much is the increase: