Ssa Cost Of Living Increase 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. If the organization's forecast is correct, it would amount to an average monthly benefit.

This means that more than 71 million americans will. Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning.