Cola 2024 Social Security Benefits. This is an automatic update and you don’t need to do anything to. This adjustment will affect social security retirement, disability, and ssi payments.

The cola increase means your ssdi, ssi, or social security retirement benefits will be 3.2% higher in 2024. Washington (ap) — millions of social security recipients will get a 3.2% increase in their benefits in 2024, far less than this year’s historic boost and reflecting moderating.