Social Security Increase 2024 Increase Date. If you qualify for retirement, survivor, disability or supplemental security income benefits under social security, you may want to mark oct. 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 administration announced on thursday.
The cola increase means your ssdi, ssi, or social security retirement benefits will be 3.2% higher in 2024. The social security administration said the increased payments with the 2024 cola for supplemental security income (ssi) recipients began december 29, 2023, as january 1 is a holiday.
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