2024 Ssi Cola Increase. For example, social security received an 8.7% cola increase in 2023, the largest in forty years. However, prices in june 2022 were 9.1% higher than in june.
Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024. That’s down from the 3.2%.