Social Security Cola Increase 2024 Prediction.  — the social security cola for 2023 was 8.7%. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.

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 january 2024, payments rose by 3.2% over 2023, according to the.