2024 Social Security Cola Increase Date. 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. The latest inflation data shows that the 2025 cola will be well.

In 2023, the social security administration indicated the cola would increase by 3.2% in 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.