Cola Increase 2024 Ssi. The 2025 cola will be announced in october 2024. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024.

 — in 2023, the social security administration indicated the cola would increase by 3.2% in 2024.  — more than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.