Social Security Cola 2024 Estimated Increase. How much is the increase: The table below provides estimated average benefits for certain beneficiary types , at the end of.
Next year’s raise is looking smaller, though, with estimates calling for a 2.5% raise in 2025 based on inflation data for july and. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024.