2024 Ssi Cola Increase

2024 Ssi Cola Increase.  — the social security administration said the increased payments with the 2024 cola for supplemental security income (ssi) recipients began december 29,. Social security benefits will increase by 3.2 percent beginning with the december 2023.

The average monthly retirement benefit will increase from $1,848 to $1,907, and the average benefit. The monthly maximum federal amounts for 2024 are $943 for an eligible individual, $1,415 for an eligible individual with an eligible spouse, and $472 for an essential person.