Cola Increase 2024 Ssi Number

Cola Increase 2024 Ssi Number. Over 70 million americans who receive social security or supplemental security income (ssi) benefits will see a 3.2% cost of living adjustment (cola) in 2024, the social security administration. A 3 percent adjustment would boost the average social security retirement benefit — $1,839 a month in july 2023 — by about $55 a month in 2024.

The ssa sends cola notices. The maximum ssdi payment amount for 2024 is $3,822 per month and the maximum ssi paycheck.