diff --git a/CHANGELOG.md b/CHANGELOG.md
index 094fd068d9d..1a24c1bd3f5 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,17 @@
+# v1.32.0 (2025-01-24)
+
+## Build Changes
+* Update bottlerocket-core-kit to 5.4.2 ([#4374])
+* Update bottlerocket-kernel-kit to 1.0.6 ([#4374])
+* Update bottlerocket-sdk to 0.50.1 ([#4374])
+
+### Twoliter
+
+* Update Twoliter to 0.7.1 ([#4373])
+
+[#4373]: https://github.com/bottlerocket-os/bottlerocket/pull/4373
+[#4374]: https://github.com/bottlerocket-os/bottlerocket/pull/4374
+
 # v1.31.0 (2025-01-21)
 
 ## OS Changes
diff --git a/Release.toml b/Release.toml
index 7dba74350b3..73b1b64fa9e 100644
--- a/Release.toml
+++ b/Release.toml
@@ -1,4 +1,4 @@
-version = "1.31.0"
+version = "1.32.0"
 
 [migrations]
 "(0.3.1, 0.3.2)" = ["migrate_v0.3.2_admin-container-v0-5-0.lz4"]
@@ -394,3 +394,4 @@ version = "1.31.0"
     "migrate_v1.31.0_aws-control-container-v0-7-20.lz4",
     "migrate_v1.31.0_public-control-container-v0-7-20.lz4",
 ]
+"(1.31.0, 1.32.0)" = []
diff --git a/SECURITY_GUIDANCE.md b/SECURITY_GUIDANCE.md
index a1648a50298..825e6e494a8 100644
--- a/SECURITY_GUIDANCE.md
+++ b/SECURITY_GUIDANCE.md
@@ -246,7 +246,7 @@ If you need to grant unprivileged containers access to all NVIDIA GPUs using thi
 
 
 ```toml
-[settings.kubelet-device-plugin]
+[settings.kubelet-device-plugins.nvidia]
 # Configures NVIDIA_VISIBLE_DEVICES with the list of devices
 device-list-strategy = "envvar"
 
diff --git a/Twoliter.toml b/Twoliter.toml
index f3bb3c5adf2..afa4c3cf408 100644
--- a/Twoliter.toml
+++ b/Twoliter.toml
@@ -1,5 +1,5 @@
 schema-version = 1
-release-version = "1.31.0"
+release-version = "1.32.0"
 
 [vendor.bottlerocket]
 registry = "public.ecr.aws/bottlerocket"