Social Security Cola Increase 2024 History. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024. For 2024, the average social security benefit rose by $50 and after subtracting $9.80 to cover medicare part b premium increases, the total change in.
More than 66 million retirement. For 2024, the average social security benefit rose by $50 and after subtracting $9.80 to cover medicare part b premium increases, the total change in.