Social Security Cola 2024 Prediction Chart. More than 71 million americans receiving social security benefits will see their checks rise by 3.2 percent. This year's cola amounted to an 8.7% bump for social security benefits, as well as supplemental security income benefits — the biggest increase since 1981.

Social security’s 2025 cola comes with a silver lining social security beneficiaries may find the 2025 cola forecast disappointing, especially when payments increased 5.9%. The 2022, 2023, and 2024 colas came in at 5.9%, 8.7%, and.