Cola Increase 2024 Ssi. 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. The social security administration’s annual cost of living adjustment for 2024 is 3.2%, reflecting a more moderate rate of inflation than the price jumps that.

This means that over 72.5 million americans will see an. The latest such increase, 3.2 percent , becomes effective january 2024.