Social Security 2024 Cola Increase Projection

Social Security 2024 Cola Increase Projection. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in. That's because colas are based on third quarter inflation data, so we'll need.

For those who choose to delay claiming social security beyond their full retirement, the benefits increase through delayed retirement credits (drcs). Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024.