2024 Cola Increase For Social Security 2024. The senior citizens league said wednesday that the social security cost of living adjustment, or cola, will likely be 3.2% for 2024. More than 66 million retirees receiving social security checks will see their monthly government payments rise 3.2%, thanks to the social security administration's.
Social security benefits increase in 2024. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.