Social Security Cola 2024 Release Date Pdf. At the start of 2024, social security recipients saw their benefits rise 3.2%. The increase amount for 2024 is far lower than 2023’s 8.7% or 2022’s 5.9%, but still provides recipients with a nice “raise” in the next year.

The increase amount for 2024 is far lower than 2023’s 8.7% or 2022’s 5.9%, but still provides recipients with a nice “raise” in the next year.  — the increase of 3.2% is designed to provide benefit recipients with a cola commensurate with overall inflation.