Hedi Raeann

Social Security 2024 Increase Announcement Date. The 2025 cola will be announced on october 10, 2024, as that is when the bureau of labor statistics (bls) will disclose the september inflation statistics, which the ssa. Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning.

That took the average monthly benefit of $1,848 at the end of 2023 up to $1,907 at the start of 2024. When the increase takes effect: