2024 Cost Of Living Increase Social Security Calculator

2024 Cost Of Living Increase Social Security Calculator. 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. Our social security calculator makes it easy to estimate benefits for yourself and your spouse (if applicable).

The latest cola is 3.2 percent for social security benefits and ssi payments. How much is the increase: