Will Ss Get A Cost Of Living Increase In 2024. Increased payments to approximately 7.5 million ssi recipients will begin on december 29, 2023. But with inflation cooling, it's safe to assume it's going to be lower than the 3.2% cola social security beneficiaries got in 2024 and well under the 8.7% they saw.

That adds about $50 monthly to the. In january 2024, payments rose by 3.2% over 2023, according.