2024 Us Ssdi Cola Increase Prediction. Social security cola rates are expected to rise even more in 2024 after the latest august cpi data was released. In 2023, the social security administration indicated the cola would increase by 3.2% in 2024.

How big will social security’s 2024 cola be? More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.