Cola Increase 2024 Inflation Increase

Cola Increase 2024 Inflation Increase. This is an average increase of $55 per month. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.

On average, social security retirement benefits will. Social security and supplemental security income (ssi) benefits for approximately 70 million americans will increase 3.2% starting in january 2024.