2024 Social Security Increase 2024 Calendar. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024. In 2024, the annual increase to social security benefits (cola) will be 3.2%.
Certain rules that reduce pensioners’ social security benefits have been in place for decades. Bankrate explains which changes retirees need to be aware of and how to plan for them.