Ssa Cost Of Living Increase 2024. Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning. The social security administration announced its annual cost of living adjustment for 2024.

Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning. The cola increase means your ssdi, ssi, or social security retirement benefits will be 3.2%.