2024 Social Security Cola Increase Ssi Payment. In 2025, ssi payments are expected to increase by 2.63%. The cola for december 2023 is 3.2 percent and is first payable in january 2024.
The league points out that while 2.5% is lower than the 3.2% from last year, that the increase isn’t far from the historical norm, and that the cola has averaged around. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024.
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