Cola Increase 2024 Ssi Benefits. The latest such increase, 3.2 percent, becomes effective january 2024. The cola for 2024 is currently at 3.2%, but experts closely watching inflation trends are predicting a.

Social security benefits will increase by 3.2 percent beginning with the december 2023. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024, the social security administration.