Cost Of Living 2024 Social Security Increase 2024. The new amounts, the result of. Social security checks with the new cost of living adjustment for 2024 have started going out.

In 2024, the annual increase to social security benefits (cola) will be 3.2%. Starting in january, social security benefit payments for 66 million beneficiaries will rise 3.2% to keep up with the cost of living, the social security administration said thursday.