2024 Social Security Increase Dates November. In 2024, the annual increase to social security benefits (cola) will be 3.2%. 12 is apt to be a big day for anyone who collects social security.

Inflation cooled considerably in 2023, but consumer prices still went up, producing a 3.2 percent cola for social security beneficiaries. — the social security administration has announced the cost of living increase for 2024 and other changes for retirees.