2024 Social Security Increase Percentage Increase. This adjustment will affect social security retirement, disability, and ssi payments. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024.
Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024. That adds about $50 monthly to the average retirement benefit consumers.