Social Security Administration 2024 Raises 2021. Inflation cooled considerably in 2023, but consumer prices still went up,. Approximately 70 million americans will see a 1.3 percent increase in their social security benefits and supplemental security income (ssi) payments in 2021.

In addition to a 2024 cola announcement, the ssa will put out a fact sheet on other changes to. Here are five important ways social security will be different in 2024.