Social Security Increase 2024 Increase Chart. To find out how much your benefit will be reduced if you begin receiving benefits from age 62 up to your full retirement age, use the chart below and select your year of birth. The cola increase means your ssdi, ssi, or social security retirement benefits will be 3.2% higher in 2024.

It highlights basic program data for. “social security and ssi benefits will increase in 2024, and this will help millions of people keep up with expenses,” said kilolo kijakazi, acting commissioner of social security.