2024 Social Security Cola Increase Disability Calculator. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024. According to the social security administration (ssa), the 2024 cola will increase the average monthly ssdi benefit for a disabled worker by $48, from $1,489 to $1,537, starting in january.
Retirement and disability benefits will increase by 3.2% and more than $50 a month on average starting in january, the social security administration announced. At the start of 2024, social security benefits got a 3.2% cola.