Social Security Increase 2024 Announcement Date Usa. When will i see the cola increase in my social security check? 71.6 million people received benefits from programs administered by the social security administration (ssa) in 2023.

The inflation gauge used by the social security administration (ssa) to set the annual cola rose at a 2.6 percent annual rate for july and 3.4 percent for august. The latest cola is 3.2 percent for social security benefits and ssi payments.