2024 Ssi Cola Increase Chart. The latest such increase, 3.2 percent , becomes effective january 2024. This is an automatic update and you don’t need to do anything to get it.
On average, social security retirement benefits will increase by more than $50 per month starting in january. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024.