2024 Social Security Cola Increase Ssi Calculator. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024. Estimated cola for 2025 current estimates suggest a 2.57% cola increase for 2025, which would add.

The new cola will go into effect in january for most social security recipients, with the notable exception of. This is an automatic update and you don’t need to.