Social Security Cola 2024 Benefits. — here are five important ways social security will be different in 2024. Once that information comes in, the social security administration (ssa) will be able to calculate a cola for 2024.
Ssa calculates the percent change between average prices in the third. — for 2024, the cola will be 3.2%, which means that your social security checks and ssi benefits will increase by that percentage.