Social Security Cola 2024 Announcement Date. Checks are disbursed on scheduled wednesdays each month, so when you get the first. Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct.

Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning. The bls september inflation report, which is slated to be released on thursday, oct.