Social Security Cola 2024 Effective Date Chart. Social security benefits and supplemental security income (ssi) payments for more than 72.5 million americans will increase 2.5% in 2025, the social security. The percentage change is the cola for the following year, typically announced in october.

The increase will begin with benefits that social security beneficiaries receive in january 2025. 12 is apt to be a big day for anyone who collects social security.