Social Security Cola Increase 2024. That would add about $57 to. Seniors on social security were thrown a major bone at the start of 2023, when their benefits rose 8.7%.

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