2024 Ssa Cola Estimate. Increased payments to approximately 7.5 million ssi recipients will begin on december 29, 2023. Social security benefits will increase by 3.2 percent beginning with the december 2023 benefits, which are payable in january 2024.
Social security benefits will increase by 3.2 percent beginning with the december 2023 benefits, which are payable in january 2024. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.
