Ocial Security Increase 2024. More than 71 million americans will see a 3.2% increase to their social security and supplemental security income benefits in 2024, the social security administration. Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning.

What is the maximum social security benefit in 2024? The latest cola is 2.5 percent for social security benefits and ssi payments.