Cola 2024 Increase. Beginning in january 2024, checks reflecting those increases were sent to the more than 66 million. Here's how much more money you will start getting in january.

The senior citizens league said wednesday that the social security cost of living adjustment, or cola, will likely be 3.2% for 2024. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024.