Anticipated Social Security Cola For 2024. A cola that matches the 2.9 percent july figure would increase the average social security retirement benefit — about $1,870 a month in june 2024 — by. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024.
Beginning in january 2024, checks reflecting those increases were. Ssa calculates the percent change.