Social Security 2024 Cola Increase Payments. How much will my social security payment be with the 2024 cola increase? Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024.

More than 66 million retirees receiving social security checks will see their monthly government payments rise 3.2%, thanks to the social security administration’s. Washington (ap) — millions of social security recipients will get a 3.2% increase in their benefits in 2024, far less than this year’s historic boost and reflecting.