2024 Social Security Increase Estimate 2024. Inflation cooled considerably in 2023, but consumer prices still went up, producing a 3.2 percent cola for social security beneficiaries. โ more than 71 million americans receiving social security benefits will see their checks rise by 3.2 percent next year to help them keep pace with inflation, the.
But nothing is set in stone just yet. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024.