Social Security Increase 2024 Cola Increase Chart. Here’s the inflation breakdown for september 2023 — in one chart. The latest cola is 3.2 percent for social security benefits and ssi payments.
Retirement and disability benefits will increase by 3.2% and more than $50 a month on average starting in january, the social security administration announced thursday. The table below provides estimated average benefits for certain beneficiary types , at the end of december 2023.