2024 Social Security Increase Cola Calculator. On average, social security retirement benefits will increase by about $50 per month starting in january. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.
Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct. Social security benefits for millions of people will rise by an average of over $50 a month starting in january, thanks to the social security administration’s 3.2% annual cost of.