Social Security Cola 2024 Announcement Date And Time. The social security administration said the increased payments with the 2024 cola for supplemental security income (ssi) recipients began december 29, 2023, as january 1 is a holiday. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024.

The projected actuarial deficit over. The maximum monthly benefit for 2025.