Social Security Increase 2024 Announcement. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024, the social security administration. In addition to a 2024 cola announcement, the ssa will put out a fact sheet.


Social Security Increase 2024 Announcement

Social security expands compassionate allowances. A 3 percent adjustment would boost the average social security retirement benefit โ€” $1,839 a month in july 2023 โ€” by about $55 a month in 2024.

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