Social Security Cola 2024 Release Date In India. Recipients may see the smallest increase in years. Social security benefits will see a cola increase of 3.2% in 2024, the social security administration announced thursday morning.

The higher social security and federal ssi payments will appear no later than january 2024. 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.