Social Security COLA 2024: Have You Received Your First Increased Check Yet?

If you haven't gotten your Social Security money yet, check here to see how much more will be in your checks this year.

Katie Teague Writer II
Katie is a writer covering all things how-to at CNET, with a focus on Social Security and notable events. When she's not writing, she enjoys playing in golf scrambles, practicing yoga and spending time on the lake.
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Katie Teague
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Social Security checks with the new cost of living adjustment for 2024 have started going out. When your January payment arrives, as well as in your monthly payments going forward, you should see an increase of 3.2%. This also includes anyone who receives Social Security Disability Insurance and Supplemental Security Income

Each year, the Social Security Administration determines a cost-of-living adjustment for Social Security payments. The COLA is based on the percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers from the third quarter of the previous year to the third quarter of the current year. 

We'll tell you how much to expect from your Social Security checks this year. For more, here's the Social Security payment schedule and the Social Security Disability Insurance payment schedule. Also, find out if you'll need to file a tax return this year as a Social Security beneficiary.

How much will my Social Security payment be with the 2024 COLA increase?

The COLA increase raises Social Security payments by 3.2%. The Social Security Administration says that will raise average monthly payments by more than $50. Here are the new average payments for 2024 based on recipient groups.

Social Security COLA increase 2024

CategoryAverage monthly increaseAverage 2024 check amount
Retiree $58$1,885
Worker with disabilities $47$1,530
Senior couple, both receiving benefits $95$3,067
Widow(er) $55$1,759
Widow(er) with two children $113$3,633

When will I see the COLA increase in my Social Security check?

Starting in January 2024, you'll notice the COLA increase on your monthly checks. Checks are disbursed on scheduled Wednesdays each month, so when you get the first increased check depends on your birth date and when you started receiving Social Security benefits.

  • If your birthday falls between the first and 10th of the month, your payment will be sent out on the second Wednesday of January 2024.
  • If your birthday falls between the 11th and 20th of the month, your payment will be sent out on the third Wednesday of January 2024.
  • If your birthday falls between the 21st and 31st of the month, your payment will be sent out on the fourth Wednesday of January 2024.

Payments for Supplemental Security Income recipients generally arrive on the first of each month, unless it's a holiday or weekend, so those payments arrived in December 2023. And if you received Social Security benefits before May 1997, your payment should have arrived on Jan. 3, 2024.

For more details, check out this Social Security cheat sheet that tells you how your benefits work. Also, here's how to apply for SSDI and SSI.