Social Security Cola 2024 Announcement Date April. The social security administration announced earlier. While the 2024 cola adjusted social security checks based on inflation, not everyone believes the payment update adequately reflects the price hikes seniors are seeing on healthcare and.

More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024.