2024 Social Security Increase Cola Date. The social security administration said the increased payments with the 2024 cola for supplemental security income (ssi) recipients began december 29,. In 2024, the annual increase to social security benefits (cola) will be 3.2%.
Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning. Increased ssi payments will begin with the december 29, 2023 payment.