Social Security Cola 2024 Increase Percentage 2024. That was the highest annual increase since 1981. The social security cola for 2023 was 8.7%.
There’s a chance the 2024 cola could drop below 3% if the september inflation rate is especially low. More than 71 million americans will see a 3.2% increase to their social security and supplemental security income benefits in 2024, the social security.
