Cola Increase 2024 News. How much is the increase: — washington (ap) — millions of social security recipients will get a 3.2% increase in their benefits in 2024, far less than this year’s historic boost and reflecting.
— a 3.2% cola for 2024 would increase an average monthly retiree benefit of $1,790 by $57.30, the tscl said. — social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning.