Social Security Increase 2024. Social security benefits will increase by 2.5 percent beginning with the december 2024 benefits, which are. We've made it through the first week of october, and those who have been receiving social security benefits since before may 1997 or receive both social security and.

The latest cola is 2.5 percent for social security benefits and ssi payments. This adjustment will affect social security retirement, disability, and ssi payments.