Cola 2024 Social Security Benefits. If you’re a social security beneficiary or supplemental security income (ssi) recipient, you may be wondering what changes to expect in 2024 with the living increase. Social security benefits will increase by 3.2 percent beginning with the december 2023 benefits, which are.

The average beneficiary will see a $54 increase in their benefit amount. If you’re a social security beneficiary or supplemental security income (ssi) recipient, you may be wondering what changes to expect in 2024 with the living increase.