Social Security Cola 2024 Estimated Increase. The latest cola is 3.2 percent for social security benefits and ssi payments. In 2024, the annual increase to social security benefits (cola) will be 3.2%.

The latest cola is 3.2 percent for social security benefits and ssi payments.  — the nation’s 72 million social security beneficiaries will get a raise starting in 2024 to keep their benefits aligned with inflation.