Social Security Increase 2024 Increase Date. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024, the social security administration announced today. โ social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning.
On average, social security retirement benefits will increase by more than $50 per month starting in january. Federal ssi payment levels will also.