Social Security Increase 2024 Announcement Ho. This is the announcement seniors have been waiting for. Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct.
In 2024, the annual increase to social security benefits (cola) will be 3.2%. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.