Social Security Increase 2024 Announcement. Social security and supplemental security income (ssi) benefits for approximately 70 million americans will increase 3.2 % starting in january 2024, far less. Washington (ap) โ 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.
Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024. The cola for 2025 will be announced in october 2024, based on data from july to september.