Cola 2024 Increase Announcement For Retirees. In 2023, retirees received a 3.2% increase in their social security benefits. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024.
In 2023, retirees received a 3.2% increase in their social security benefits. The acting social security commissioner says a 3.2% increase in benefits next year โwill help millions of people keep up with expenses. the increase announced.
