Social Security Cola 2024 Adjustment Date. 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. The social security administration's cost of living adjustment, or cola, is based on inflation data from the consumer price index.

12 is apt to be a big day for anyone who collects social security. The annual cost of living adjustment (cola) by the social security administration (ssa) to social security payments for 2025 is expected to be 2.5%, the.