2024 Cola Social Security Benefits Increase Calculator. For 2024, the social security cola was 3.2%. Once that information comes in, the social security administration (ssa) will be able to calculate a cola for 2024.

More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024. In this article, we will explore the social security increase cola 2024 calculator and provide an estimate of the expected increase in benefits.