Social Security Cola 2024 Increase Percentage To. This adjustment will affect social security retirement, disability, and ssi payments. The cola increase raises social security payments by 3.2%.
Increased payments to approximately 7.5 million ssi recipients will begin on december 29, 2023. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in.