Social Security Cola 2024 Benefits 2024. That’s less than half of the previous year’s cola increase. More than 71 million americans receiving social security benefits will see their checks rise by 3.2 percent next year to.

 — more than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024. In 2023, the social security administration indicated the cola would.