Social Security 2024 Increase Announcement Emoji. Millions of social security recipients will get a 3.2 percent increase in their benefits in 2024, far less than this year's historic boost and reflecting moderating. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024.

If social security increases the cola by 3.2% next year, the average monthly retiree check would increase to $1,790,. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024.