Cola 2024 Ssi. In 2023, a historic rise of 8.7 percent was granted to. A cola changes benefits based on changes in consumer prices.

For 2024, the cola will be 3.2%, which means that your social security checks and ssi benefits will increase by that percentage. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024.