2024 Social Security Increase

2024 Social Security Increase. More than 71 million americans receiving social security benefits will see their checks rise by 3.2 percent next year to help them keep pace with inflation, the social security. Federal ssi payment levels will also increase by 2.5.

The acting social security commissioner says a 3.2% increase in benefits next year “will help millions of people keep up with expenses. the increase announced thursday. That adds about $50 monthly to the average.