Social Security Increase 2024 $600 66000. In 2024, the annual increase to social security benefits (cola) will be 3.2%. 12 is when the bureau of labor statistics is scheduled to release september's consumer price index.

Keep reading to find out when.  — more than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.