Social Security Cola 2024 Benefits For Seniors. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024. Social security benefits will increase by 3.2 percent beginning with the december 2023.

What the 2024 social security cola could mean for your retirement. The map shows which states will see the lowest social security increases next year.