Social Security Increase 2024 Cola Calculator. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024. According to cbs news, retirees are expected to receive an increase of $48 or 2.5% in 2025, which is below the 2.57% increase that was previously projected.

More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024. According to cbs news, retirees are expected to receive an increase of $48 or 2.5% in 2025, which is below the 2.57% increase that was previously projected.