Social Security Cola 2024 Effective Date And Time. And if you received social security benefits before may 1997, your payment should have arrived on jan. Social security benefits will see a cola increase of 3.2% in 2024, the social security administration announced thursday morning.
If you don’t have an account yet, you must create one by november 14, 2023, to receive the 2024 cola notice online. Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct.