Social Security Increase 2024 Announcement. Data pertaining to social security from 2024 indicates that the forthcoming cola increase for the next year could range from 2.7% to 3.2%. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024.

Their budget sides with the wealthy and special interests to cut social security by over $1.5 trillion, increase the retirement age, raise prescription drug costs, and transition. Data pertaining to social security from 2024 indicates that the forthcoming cola increase for the next year could range from 2.7% to 3.2%.