Social Security Cola 2024 Payment Schedule. Here are two changes coming to social security in 2025 that all retirees should prepare for, according to the motley fool: Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024.
If you started claiming social security before may 1997 or if get both social security and ssi benefits, you’ll get the new cola in a dec. Recipients who have birthdates after the 21st of the month can expect their new boosted social security payments this wednesday, january 24.